6 Andre CtFranklinNJ07416
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
Investment Highlights
Investment property for sale in Franklin at 6 Andre Ct, Franklin, NJ, 07416 at $899,000 posts ROI 15.85% with from $5,369/mo rent. Total monthly income equals $5,369/mo. Return on cash invested measures 15.85% and rental yield reads 7.17% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 82.27% and total cumulative return in cash totals $243,322. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,369/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
1.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07416, Franklin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,648 (63.1%) |
| Renter Occupied HU | 697 (26.7%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $313,760 |
| Average Home Value | $346,314 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,170
Multi-Family
141
Businesses
248
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Nearby investment properties with comparable prices
Listed by: Teri Degroat • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4004141