58 Cambridge Ct UNIT 58MadisonNJ07940
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 58 Cambridge Ct UNIT 58, Madison, NJ, 07940 in Madison is a conservative rental investment at $819,000. Rental yield 6.55%. A 1.21 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $226,275; $7,543/yr in principal paydown supplements. Total projected return: $184,386.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.6% | 6.2% |
| Monthly Cash Flow | $(2,059) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,469 |
| Total Monthly Debt Service | $6,202 |
| DSCR Ratio | 0.72x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$690 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07940, Madison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 3,918 (64.3%) |
| Renter Occupied HU | 1,929 (31.7%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $912,115 |
| Average Home Value | $1,040,997 |
Housing Distribution
Address Breakdown
Residential
5,860
Single Family
5,539
Multi-Family
321
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Townhouse
Built in 1984
1,306 sqft lot
$N/A/sqft
$690 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07940, Madison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 3,918 (64.3%) |
| Renter Occupied HU | 1,929 (31.7%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $912,115 |
| Average Home Value | $1,040,997 |
Housing Distribution
Address Breakdown
Residential
5,860
Single Family
5,539
Multi-Family
321
Businesses
573
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dana Dang • Garden Home Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3953435
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