630 Fernwood TerraceLindenNJ07036
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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 Linden at 630 Fernwood Terrace, Linden, NJ, 07036 offers $4,386/mo rent that, after a $3,646/mo payment. Total monthly income is $4,386/mo. Return on cash invested measures 15.54% in year one, and rental yield stands at 7.07% at a $744,900 entry. Equity gained on principal adds $4,807/yr while 5% annual appreciation compounds into $205,802 by year five. Five-year ROI records 80.62% and total cumulative return in cash reaches $197,568. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,386/mo property income versus a $3,646/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
5,195 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07036, Linden, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,463 (100%) |
| Owner Occupied HU | 9,015 (51.6%) |
| Renter Occupied HU | 7,594 (43.5%) |
| Vacant Housing Units | 854 ( 4.9%) |
| Median Home Value | $474,923 |
| Average Home Value | $527,233 |
Housing Distribution
Address Breakdown
Residential
16,522
Single Family
13,989
Multi-Family
2,533
Businesses
1,688
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Listed by: Donald J Gluck • Soleil Sotheby's Intl Realty
Mls Name: MoreMLS
Mls ID: #22518110