1008 Main StFordsNJ08863
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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 Fords at 1008 Main St, Fords, NJ, 08863 offers a 8.38% rental yield on a $437,900 purchase with $3,058/mo rent. 39% in year one. Equity gained on principal adds $2,826/yr while 5% annual appreciation supports $120,984 over five years. Portfolio math shows five-year ROI at 101.31% and total cumulative return in cash at $147,059. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,058/mo property income against a $2,143/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: PATRICIA D. JOHNSON • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2606991R