62 Weston AveChathamNJ07928
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
Rental property for sale in Chatham at 62 Weston Ave, Chatham, NJ, 07928 priced at $889,000 pairs $4,270/mo rent with after a $4,351/mo payment. Total monthly income equals $4,270/mo. Return on cash invested is 11.58% in year one, and rental yield stands at 5.76% on a $889,000 basis. Equity gained on principal adds $5,737/yr, and 5% annual appreciation accumulates to $245,614 by year five. Five-year ROI measures 59.39% and total cumulative return in cash reaches $173,714. For financing, Ziffy Mortgage’s DSCR program evaluates $4,270/mo property income against a $4,351/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
6,551 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07928, Chatham, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,409 (100%) |
| Owner Occupied HU | 5,792 (78.2%) |
| Renter Occupied HU | 1,251 (16.9%) |
| Vacant Housing Units | 366 ( 4.9%) |
| Median Home Value | $1,054,078 |
| Average Home Value | $1,149,573 |
Housing Distribution
Address Breakdown
Residential
7,273
Single Family
6,670
Multi-Family
603
Businesses
571
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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