7 Fox Hill DrFranklinNJ07416
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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 Franklin at 7 Fox Hill Dr, Franklin, NJ, 07416 offers a 9.43% rental yield on a $199,000 purchase with $1,564/mo rent. Total monthly income registers $1,564/mo, and a $974/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,747/yr on $65,969 to close, and return on cash invested stands at 22.56% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 118.3% and total cumulative return in cash at $78,042. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,564/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07416, Franklin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,613 (100%) |
| Owner Occupied HU | 1,648 (63.1%) |
| Renter Occupied HU | 697 (26.7%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $313,760 |
| Average Home Value | $346,314 |
Housing Distribution
Address Breakdown
Residential
2,311
Single Family
2,170
Multi-Family
141
Businesses
248
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Listed by: Raimonds Erins • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #4004130