7 Rachel CtClintonNJ08809
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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 Clinton at 7 Rachel Ct, Clinton, NJ, 08809 priced at $725,000 converts $3,377/mo rent into after a $3,549/mo obligation. Total monthly income equals $3,377/mo. Return on cash invested prints 11.05% in year one, and rental yield reads 5.59% against a $725,000 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation compiles into $200,304 by year five. Five-year ROI reaches 56.53% and total cumulative return in cash sums $134,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,377/mo property income covering a $3,549/mo payment, not borrower’s personal income.
Single Family
Built in 1992
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08809, Clinton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 1,741 (67.0%) |
| Renter Occupied HU | 730 (28.1%) |
| Vacant Housing Units | 127 ( 4.9%) |
| Median Home Value | $447,167 |
| Average Home Value | $460,139 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,400
Multi-Family
0
Businesses
490
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Listed by: Joseph Savare • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4008081