7 Cedar CtDemarestNJ07627
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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
Investment property for sale in Demarest at 7 Cedar Ct, Demarest, NJ, 07627 at $1,749,000 posts ROI 6.29% with from $5,815/mo rent. Total monthly income equals $5,815/mo. Return on cash invested measures 6.29% and rental yield reads 3.99% at the current $1,749,000. Equity gained on principal adds $11,286/yr, and 5% annual appreciation supports $483,216 by year five. Five-year ROI prints 30.94% and total cumulative return in cash totals $175,351. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,815/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in N/A
N/A 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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Listed by: Orly Chen • RE/MAX Properties Plus
Mls Name: NJMLS
Mls ID: #26000701