86 Lackawanna BlvdGilletteNJ07933
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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 Gillette at 86 Lackawanna Blvd, Gillette, NJ, 07933 earns $373/mo cash flow from $4,643/mo rent with a $2,932/mo payment. Total monthly income totals $4,643/mo, and annual cash flow totals $4,479/yr on $197,071 capital. ROI tracks 22.33% on current figures, and rental yield reads 9.3% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 117.07% and total cumulative return in cash sums $230,710. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,643/mo property income instead of your personal income.
Single Family
Built in 1948
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07933, Gillette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 1,048 (88.4%) |
| Renter Occupied HU | 107 ( 9.0%) |
| Vacant Housing Units | 31 ( 2.6%) |
| Median Home Value | $714,075 |
| Average Home Value | $771,469 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
117
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Listed by: Morgan Belvin • Re/Max Select
Mls Name: GSMLS
Mls ID: #3973952