705 Sneider LnFranklin LakesNJ07417
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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 Franklin Lakes at 705 Sneider Ln, Franklin Lakes, NJ, 07417 with 5% annual appreciation on a $750,000 basis while $7,199/mo rent supports operations. Total monthly income totals $7,199/mo and a $3,671/mo payment preserves $1,853/mo for cash returns. Annual cash flow comes to $22,236/yr on $246,750 deployed, and return on cash invested reaches 29.07% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 11.52%. Five-year ROI measures 153.18% and total cumulative return in cash totals $377,970.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,199/mo property income versus a $3,671/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07417, Franklin Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,239 (100%) |
| Owner Occupied HU | 3,398 (80.2%) |
| Renter Occupied HU | 492 (11.6%) |
| Vacant Housing Units | 349 ( 8.2%) |
| Median Home Value | $1,230,797 |
| Average Home Value | $1,303,390 |
Housing Distribution
Address Breakdown
Residential
4,151
Single Family
4,146
Multi-Family
5
Businesses
444
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Listed by: Ming Tilley • Exclusive Properties Realty, LLC
Mls Name: NJMLS
Mls ID: #25021305