7 Sycamore Way, Warren, NJ, 07059 | 4.56% Rental Yield

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7 Sycamore Way, Warren, NJ, 07059 | 4.56% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

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 Sycamore Way, Warren, NJ, 07059 earns from $4,541/mo rent with a $5,849/mo payment. Total monthly income totals $4,541/mo. ROI tracks 8.04% on current figures, and rental yield reads 4.56% at a $1,195,000 purchase. Equity gained on principal adds $7,711/yr, and 5% annual appreciation supports $330,156 over five years. Five-year ROI reaches 40.39% and total cumulative return in cash sums $156,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,541/mo property income instead of your personal income.

Single Family

Built in 1995

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 7 Sycamore Way, where modern elegance meets comfort! nestled in a serene cul-de-sac, this meticulously maintained home features numerous upgrades throughout.As you enter, you'll be greeted by an inviting foyer that flows into spacious living areas adorned with refinished hardwood floors and elegant moldings. The formal dining room provides an excellent setting for entertaining, while the eat-in kitchen BOAsts a center island, breakfast bar, and a pantry, perfect for culinary enthusiasts. The family room is a cozy retreat with a gas fireplace, ideal for gatherings. Large windows and skylights ensure plenty of natural light fills the space. The primary suite offers a luxurious haven with a full bath and a generous walk-in closet, while three additional bedrooms provide ample space.The newly finished basement adds significant value, providing a spacious rec room, exercise room, and additional storage, enhancing your living space. Step outside to a large deck, perfect for relaxing or entertaining, overlooking the professionally landscaped yard. This home is located just minutes away from local amenities, ensuring a lifestyle of comfort and convenience. Don't miss the chance to make this beautiful property your own!

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