614 Magnolia St, Highland Park, NJ, 08904 | 8.17% Rental Yield

For Sale

Listed for sale 2 days ago

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Highland Park at 614 Magnolia St, Highland Park, NJ, 08904 priced at $349,900 pairs $2,382/mo rent with after a $1,713/mo payment. Total monthly income equals $2,382/mo. Return on cash invested is 18.75% in year one, and rental yield stands at 8.17% on a $349,900 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,671 by year five. Five-year ROI measures 97.84% and total cumulative return in cash reaches $113,490. For financing, Ziffy Mortgage’s DSCR program evaluates $2,382/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1935

2,500 sqft lot

$N/A/sqft

No HOA