70 Tiffany DrEast HanoverNJ07936
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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 East Hanover at 70 Tiffany Dr, East Hanover, NJ, 07936 at $1,088,000 posts ROI 6.72% with from $3,745/mo rent. Total monthly income equals $3,745/mo. Return on cash invested measures 6.72% and rental yield reads 4.13% at the current $1,088,000. Equity gained on principal adds $7,021/yr, and 5% annual appreciation supports $300,594 by year five. Five-year ROI prints 33.28% and total cumulative return in cash totals $117,332. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,745/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1977
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07936, East Hanover, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,141 (100%) |
| Owner Occupied HU | 3,748 (90.5%) |
| Renter Occupied HU | 322 ( 7.8%) |
| Vacant Housing Units | 71 ( 1.7%) |
| Median Home Value | $742,208 |
| Average Home Value | $763,657 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
4,001
Multi-Family
0
Businesses
748
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Listed by: Tracey Franco • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003642