6 Cornell DrSuccasunnaNJ07876
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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
Rental property for sale in Succasunna at 6 Cornell Dr, Succasunna, NJ, 07876 offers $0/mo rent that, after a $3,303/mo payment. Total monthly income is $0/mo. Return on cash invested measures -5.94% in year one, and rental yield stands at 0% at a $674,900 entry. Equity gained on principal adds $4,355/yr while 5% annual appreciation compounds into $186,462 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $3,303/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07876, Succasunna, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,757 (100%) |
| Owner Occupied HU | 3,406 (90.7%) |
| Renter Occupied HU | 284 ( 7.6%) |
| Vacant Housing Units | 67 ( 1.8%) |
| Median Home Value | $510,152 |
| Average Home Value | $543,627 |
Housing Distribution
Address Breakdown
Residential
3,648
Single Family
3,648
Multi-Family
0
Businesses
361
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Peter Lorenzo • Keller Williams Metropolitan
Mls Name: GSMLS
Mls ID: #3984138