7 Clum AveFordsNJ08863
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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 Fords at 7 Clum Ave, Fords, NJ, 08863 priced at $495,000 pairs $3,728/mo rent with $200/mo cash flow after a $2,423/mo payment. Total monthly income equals $3,728/mo, and annual cash flow comes to $2,394/yr on $164,093 invested. Return on cash invested is 21.37% in year one, and rental yield stands at 9.04% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 111.9% and total cumulative return in cash reaches $183,622. For financing, Ziffy Mortgage’s DSCR program evaluates $3,728/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
4,164 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: VERONICA HARY • FOX & FOXX REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2607687R