105 W Somerset StRaritanNJ08869
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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 Raritan at 105 W Somerset St, Raritan, NJ, 08869 with 5% annual appreciation on a $339,999 basis while $3,230/mo rent supports operations. Total monthly income totals $3,230/mo and a $1,664/mo payment preserves $807/mo for cash returns. Annual cash flow comes to $9,680/yr on $112,710 deployed, and return on cash invested reaches 28.5% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,935 alongside rental yield of 11.4%. Five-year ROI measures 150.13% and total cumulative return in cash totals $169,206.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,230/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,478 (100%) |
| Owner Occupied HU | 1,586 (45.6%) |
| Renter Occupied HU | 1,735 (49.9%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $474,089 |
| Average Home Value | $515,988 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
2,820
Multi-Family
627
Businesses
373
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Listed by: Brandon Acken • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3982676