75 Homestead Lane Lincoln ParkLincoln ParkNJ07035
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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 Lincoln Park at 75 Homestead Lane Lincoln Park, Lincoln Park, NJ, 07035 with 5% annual appreciation on a $445,000 basis while $3,840/mo rent supports operations. Total monthly income totals $3,840/mo and a $2,178/mo payment preserves $668/mo for cash returns. Annual cash flow comes to $8,018/yr on $147,518 deployed, and return on cash invested reaches 25.34% in year one. Equity gained on principal adds $2,872/yr, and five-year appreciation sums $122,945 alongside rental yield of 10.36%. Five-year ROI measures 133.23% and total cumulative return in cash totals $196,544.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,840/mo property income versus a $2,178/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07035, Lincoln Park, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,232 (100%) |
| Owner Occupied HU | 3,210 (75.9%) |
| Renter Occupied HU | 940 (22.2%) |
| Vacant Housing Units | 82 ( 1.9%) |
| Median Home Value | $477,922 |
| Average Home Value | $519,461 |
Housing Distribution
Address Breakdown
Residential
4,174
Single Family
4,160
Multi-Family
14
Businesses
283
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Listed by: Todd David Behnken • Realty Executives Exceptional Realtors-Wayne
Mls Name: NJMLS
Mls ID: #25044085