8 Cedar CtDemarestNJ07627
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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
Rental property for sale in Demarest at 8 Cedar Ct, Demarest, NJ, 07627 priced at $1,899,000 converts $14,400/mo rent into $864/mo cash flow after a $9,295/mo obligation. Total monthly income equals $14,400/mo, and annual cash flow totals $10,367/yr on $615,276 invested. Return on cash invested prints 22.05% in year one, and rental yield reads 9.1% against a $1,899,000 entry. Equity gained on principal adds $12,254/yr, while 5% annual appreciation compiles into $524,659 by year five. Five-year ROI reaches 115.51% and total cumulative return in cash sums $710,689. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $14,400/mo property income covering a $9,295/mo payment, not borrower’s personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07627, Demarest, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,526 (87.0%) |
| Renter Occupied HU | 145 ( 8.3%) |
| Vacant Housing Units | 83 ( 4.7%) |
| Median Home Value | $967,949 |
| Average Home Value | $1,174,869 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,686
Multi-Family
0
Businesses
95
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Listed by: Zohar Zamir • Keller Williams Village Square Realty
Mls Name: NJMLS
Mls ID: #25007041