7 Laurel LnChesterNJ07930
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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 Chester at 7 Laurel Ln, Chester, NJ, 07930 offers a 11.58% rental yield on a $645,000 purchase with $6,223/mo rent. Total monthly income registers $6,223/mo, and a $3,157/mo payment leaves $1,626/mo available for distribution. Annual cash flow reaches $19,506/yr on $212,205 to close, and return on cash invested stands at 29.25% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 154.16% and total cumulative return in cash at $327,136. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,223/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07930, Chester, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,220 (100%) |
| Owner Occupied HU | 2,779 (86.3%) |
| Renter Occupied HU | 280 ( 8.7%) |
| Vacant Housing Units | 161 ( 5.0%) |
| Median Home Value | $840,022 |
| Average Home Value | $889,051 |
Housing Distribution
Address Breakdown
Residential
3,032
Single Family
3,032
Multi-Family
0
Businesses
663
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Listed by: Jill Cardullo • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3967977