68 Serpentine RdDemarestNJ07627
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 Demarest at 68 Serpentine Rd, Demarest, NJ, 07627 offers $5,668/mo rent that, after a $9,299/mo payment. Total monthly income is $5,668/mo. Return on cash invested measures 5.02% in year one, and rental yield stands at 3.58% at a $1,899,918 entry. Equity gained on principal adds $12,260/yr while 5% annual appreciation compounds into $524,912 by year five. Five-year ROI records 24.16% and total cumulative return in cash reaches $148,705. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,668/mo property income versus a $9,299/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07627, Demarest, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,526 (87.0%) |
| Renter Occupied HU | 145 ( 8.3%) |
| Vacant Housing Units | 83 ( 4.7%) |
| Median Home Value | $967,949 |
| Average Home Value | $1,174,869 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
95
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A