72 Summit AveCedar KnollsNJ07927
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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 Cedar Knolls at 72 Summit Ave, Cedar Knolls, NJ, 07927 with 5% annual appreciation on a $1,225,000 basis while $5,614/mo rent supports operations. 94% in year one. Equity gained on principal adds $7,905/yr, and five-year appreciation sums $338,445 alongside rental yield of 5.5%. Five-year ROI measures 55.93% and total cumulative return in cash totals $221,988. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,614/mo property income versus a $5,996/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07927, Cedar Knolls, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,855 (100%) |
| Owner Occupied HU | 1,252 (67.5%) |
| Renter Occupied HU | 539 (29.1%) |
| Vacant Housing Units | 64 ( 3.5%) |
| Median Home Value | $639,865 |
| Average Home Value | $654,393 |
Housing Distribution
Address Breakdown
Residential
1,712
Single Family
1,656
Multi-Family
56
Businesses
376
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Listed by: Vanessa Messina • Serhant New Jersey Llc
Mls Name: GSMLS
Mls Provider:
Mls ID: #3959412
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