1018 Micawber DrWilliamstownNJ08094
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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 Williamstown at 1018 Micawber Dr, Williamstown, NJ, 08094 earns $582/mo cash flow from $2,827/mo rent with a $1,542/mo payment. Total monthly income totals $2,827/mo, and annual cash flow totals $6,978/yr on $104,423 capital. ROI tracks 26.59% on current figures, and rental yield reads 10.77% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 139.92% and total cumulative return in cash sums $146,105. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,827/mo property income instead of your personal income.
Single Family
Built in 1977
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
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Listed by: Nick Christopher • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJGL2068778