102 Garrison AveFortescueNJ08321
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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 Fortescue at 102 Garrison Ave, Fortescue, NJ, 08321 earns $660/mo cash flow from $1,872/mo rent with a $832/mo payment. Total monthly income totals $1,872/mo, and annual cash flow totals $7,924/yr on $56,355 capital. ROI tracks 33.97% on current figures, and rental yield reads 13.21% at a $170,000 purchase. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,968 over five years. Five-year ROI reaches 179.54% and total cumulative return in cash sums $101,181. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,872/mo property income instead of your personal income.
Single Family
Built in 1951
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08321, Fortescue, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 238 (100%) |
| Owner Occupied HU | 91 (38.2%) |
| Renter Occupied HU | 13 ( 5.5%) |
| Vacant Housing Units | 134 (56.3%) |
| Median Home Value | $254,464 |
| Average Home Value | $316,429 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: Teal Levick • Tealestate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027612