7 Conklin Ln, Warren, NJ, 07059 | $2,004/mo Cash Flow

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7 Conklin Ln, Warren, NJ, 07059 | $2,004/mo Cash Flow | Ziffy

Recently Sold

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Warren at 7 Conklin Ln, Warren, NJ, 07059 earns $2,004/mo cash flow from $5,996/mo rent with a $2,741/mo payment. Total monthly income totals $5,996/mo, and annual cash flow totals $24,052/yr on $184,240 capital. ROI tracks 33.11% on current figures, and rental yield reads 12.85% at a $560,000 purchase. Equity gained on principal adds $3,614/yr, and 5% annual appreciation supports $154,718 over five years. Five-year ROI reaches 174.88% and total cumulative return in cash sums $322,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,996/mo property income instead of your personal income.

Single Family

Built in 2025

1.78 Acres lot

$N/A/sqft

No HOA

More details about the property

Stunning New Construction in Warren, NJ Built by American Signature Homes Welcome to 7 Conklin Lane, Warren, NJ a breathtaking 4,800 sq. ft. new construction estate crafted by American Signature Homes, a trusted family builder with over 50 years of experience delivering exceptional quality and timeless design. This 5-bedroom, 5.5-bath luxury residence combines elegance, functionality, and modern craftsmanship. Every bedroom is a private ensuite retreat, offering ultimate comfort and convenience for family and guests alike. The home features: Superior Wall System foundation ensuring long-lasting strength, energy efficiency, and a perfectly dry lower level. A spacious walkout basement, ready to be finished to your visionwhether a home theater, gym, or entertainment lounge. An expansive open-concept main floor with abundant natural light, designed for seamless living and entertaining. Designer-appointed chefs kitchen, luxury baths, and high-end finishes throughout. Set on a desirable property in one of Warrens most sought-after neighborhoods, this residence offers the rare opportunity to own a brand-new home that balances modern luxury with lasting quality. Dont miss your chance to experience the craftsmanship and detail that only decades of building expertise can deliver.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07059, Warren, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,064 (100%)
Owner Occupied HU	5,162 (85.1%)
Renter Occupied HU	539 ( 8.9%)
Vacant Housing Units	363 ( 6.0%)
Median Home Value	$955,093
Average Home Value	$1,050,335