11 Fairfax CtBordentownNJ08505
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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
Rental property for sale in Bordentown at 11 Fairfax Ct, Bordentown, NJ, 08505 offers $3,145/mo rent that, after a $1,689/mo payment, leaves $686/mo cash flow. Total monthly income is $3,145/mo, and annual cash flow is $8,226/yr on $114,368 cash. Return on cash invested measures 27.1% in year one, and rental yield stands at 10.94% at a $345,000 entry. Equity gained on principal adds $2,226/yr while 5% annual appreciation compounds into $95,317 by year five. Five-year ROI records 142.66% and total cumulative return in cash reaches $163,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,145/mo property income versus a $1,689/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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Listed by: Russell Williams • BHHS Fox & Roach - Watchung
Mls Name: Bright MLS
Mls ID: #NJBL2095100