649 Robinson TerraceUnionNJ07083
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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 Union at 649 Robinson Terrace, Union, NJ, 07083 offers $4,361/mo rent that, after a $2,423/mo payment, leaves $833/mo cash flow. Total monthly income is $4,361/mo, and annual cash flow is $9,990/yr on $164,093 cash. Return on cash invested measures 26% in year one, and rental yield stands at 10.57% at a $495,000 entry. Equity gained on principal adds $3,194/yr while 5% annual appreciation compounds into $136,759 by year five. Five-year ROI records 136.73% and total cumulative return in cash reaches $224,362. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,361/mo property income versus a $2,423/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07083, Union, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,858 (100%) |
| Owner Occupied HU | 14,421 (66.0%) |
| Renter Occupied HU | 6,528 (29.9%) |
| Vacant Housing Units | 909 ( 4.2%) |
| Median Home Value | $481,353 |
| Average Home Value | $534,432 |
Housing Distribution
Address Breakdown
Residential
20,999
Single Family
18,269
Multi-Family
2,730
Businesses
2,244
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Listed by: Elizabeth Doyle • Salt and Cedar Properties, LLC
Mls Name: MOMLS
Mls ID: #22524059