111 Garfield AveChesilhurstNJ08089
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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 Chesilhurst at 111 Garfield Ave, Chesilhurst, NJ, 08089 with 5% annual appreciation on a $325,000 basis while $3,050/mo rent supports operations. Total monthly income totals $3,050/mo and a $1,591/mo payment preserves $733/mo for cash returns. Annual cash flow comes to $8,798/yr on $107,738 deployed, and return on cash invested reaches 28.08% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 11.26%. Five-year ROI measures 147.9% and total cumulative return in cash totals $159,349.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,050/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08089, Waterford Works, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,333 (81.3%) |
| Renter Occupied HU | 222 (13.5%) |
| Vacant Housing Units | 85 ( 5.2%) |
| Median Home Value | $339,968 |
| Average Home Value | $422,907 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,463
Multi-Family
46
Businesses
88
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Listed by: Johnny Jones • Keller Williams Realty - Marlton
Mls Name: Bright MLS
Mls ID: #NJCD2096452