910 Huron RdFranklin LakesNJ07417
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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 Franklin Lakes at 910 Huron Rd, Franklin Lakes, NJ, 07417 generates $6,600/mo in rent, after a $6,583/mo payment. Total monthly income is $6,600/mo. Return on cash invested sits at 12.15% in year one, and rental yield is 5.89% on a $1,345,000 entry. Equity gained on principal adds $8,679/yr, while 5% annual appreciation builds toward $371,599 over five years. Five-year ROI reaches 62.38% and total cumulative return in cash sums $271,832. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,600/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07417, Franklin Lakes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,239 (100%) |
| Owner Occupied HU | 3,398 (80.2%) |
| Renter Occupied HU | 492 (11.6%) |
| Vacant Housing Units | 349 ( 8.2%) |
| Median Home Value | $1,230,797 |
| Average Home Value | $1,303,390 |
Housing Distribution
Address Breakdown
Residential
4,151
Single Family
4,146
Multi-Family
5
Businesses
444
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Listed by: Samantha Palazzolo-Perini • Compass New Jersey, LLC-Ridgewood
Mls Name: NJMLS
Mls ID: #25043479