92 Mandeville AvePequannockNJ07440
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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 Pequannock at 92 Mandeville Ave, Pequannock, NJ, 07440 priced at $899,000 converts $2,274/mo rent into after a $4,400/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 3.29% in year one, and rental yield reads 3.04% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 14.93% and total cumulative return in cash sums $44,158. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 1986
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07440, Pequannock, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,705 (100%) |
| Owner Occupied HU | 1,427 (83.7%) |
| Renter Occupied HU | 253 (14.8%) |
| Vacant Housing Units | 25 ( 1.5%) |
| Median Home Value | $594,053 |
| Average Home Value | $676,384 |
Housing Distribution
Address Breakdown
Residential
1,664
Single Family
1,524
Multi-Family
140
Businesses
163
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Listed by: Robert Hudert • Redfin Corporation
Mls Name: GSMLS
Mls ID: #4002193