814 Hemlock CtNorwoodNJ07648
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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 Norwood at 814 Hemlock Ct, Norwood, NJ, 07648 with 5% annual appreciation on a $750,000 basis while $7,440/mo rent supports operations. Total monthly income totals $7,440/mo and a $3,671/mo payment preserves $2,094/mo for cash returns. Annual cash flow comes to $25,128/yr on $246,750 deployed, and return on cash invested reaches 30.24% in year one. Equity gained on principal adds $4,840/yr, and five-year appreciation sums $207,211 alongside rental yield of 11.9%. Five-year ROI measures 159.46% and total cumulative return in cash totals $393,474.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,440/mo property income versus a $3,671/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: 07648, Norwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,135 (100%) |
| Owner Occupied HU | 1,711 (80.1%) |
| Renter Occupied HU | 345 (16.2%) |
| Vacant Housing Units | 79 ( 3.7%) |
| Median Home Value | $730,032 |
| Average Home Value | $823,280 |
Housing Distribution
Address Breakdown
Residential
2,214
Single Family
2,078
Multi-Family
136
Businesses
266
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Listed by: Nichol DeGruccio • Coldwell Banker, Hillsdale
Mls Name: NJMLS
Mls ID: #25033919