957 Green Pond RdRockawayNJ07866
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Nearby investment properties with comparable prices
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 Rockaway at 957 Green Pond Rd, Rockaway, NJ, 07866 uses $156,634 cash to close to unlock $11,073/yr annual cash flow and $923/mo monthly cash flow. Total monthly income runs $4,291/mo, and a $2,313/mo payment keeps the spread at $923/mo. Purchase price stands at $472,500, and rental yield measures 10.9% with $4,291/mo rent. Return on cash invested shows 26.98% in year one, and 5% annual appreciation builds toward $130,543 over five years. Five-year ROI reaches 141.99% and total cumulative return in cash records $222,398. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,291/mo property income covering a $2,313/mo payment rather than investor’s personal income.
Single Family
Built in 1943
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07866, Rockaway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,577 (100%) |
| Owner Occupied HU | 7,428 (77.6%) |
| Renter Occupied HU | 1,721 (18.0%) |
| Vacant Housing Units | 428 ( 4.5%) |
| Median Home Value | $482,983 |
| Average Home Value | $538,570 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
9,016
Multi-Family
9
Businesses
949
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Listed by: Kimberly Brechka • Weichert Realtors Corp Hq
Mls Name: GSMLS
Mls Provider:
Mls ID: #3960194
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