7 1St StPequannockNJ07440
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
Investment property for sale in Pequannock at 7 1St St, Pequannock, NJ, 07440 earns from $2,274/mo rent with a $3,279/mo payment. Total monthly income totals $2,274/mo. ROI tracks 6.44% on current figures, and rental yield reads 4.07% at a $669,900 purchase. Equity gained on principal adds $4,323/yr, and 5% annual appreciation supports $185,081 over five years. Five-year ROI reaches 31.83% and total cumulative return in cash sums $70,149. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Single Family
Built in 1963
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07440, Pequannock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 1,427 (83.7%) |
| Renter Occupied HU | 253 (14.8%) |
| Vacant Housing Units | 25 ( 1.5%) |
| Median Home Value | $594,053 |
| Average Home Value | $676,384 |
Housing Distribution
Address Breakdown
Residential
1,664
Single Family
1,524
Multi-Family
140
Businesses
163
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Nearby investment properties with comparable prices
Listed by: Colleen Mcmahon • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #3994865