78 E Bradford AveCedar GroveNJ07009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Grove at 78 E Bradford Ave, Cedar Grove, NJ, 07009 uses $220,101 cash to close to unlock $2,555/yr annual cash flow and $213/mo monthly cash flow. Total monthly income runs $4,981/mo, and a $3,274/mo payment keeps the spread at $213/mo. Purchase price stands at $669,000, and rental yield measures 8.93% with $4,981/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $184,832 over five years. Five-year ROI reaches 111.08% and total cumulative return in cash records $244,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,981/mo property income covering a $3,274/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07009, Cedar Grove, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,456 (100%) |
| Owner Occupied HU | 4,232 (77.6%) |
| Renter Occupied HU | 906 (16.6%) |
| Vacant Housing Units | 318 ( 5.8%) |
| Median Home Value | $649,113 |
| Average Home Value | $719,298 |
Housing Distribution
Address Breakdown
Residential
5,087
Single Family
4,773
Multi-Family
314
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Frey • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3983807