66 Nestor StFranklinNJ07416
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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 Franklin at 66 Nestor St, Franklin, NJ, 07416 generates $1,942/mo in rent, after a $1,957/mo payment. Total monthly income is $1,942/mo. Return on cash invested sits at 11.69% in year one, and rental yield is 5.83% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 59.98% and total cumulative return in cash sums $79,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Single Family
Built in 1927
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07416, Franklin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,648 (63.1%) |
| Renter Occupied HU | 697 (26.7%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $313,760 |
| Average Home Value | $346,314 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,170
Multi-Family
141
Businesses
248
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Listed by: Teri Degroat • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3989319