115 Woodland RdMadisonNJ07940
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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 Madison at 115 Woodland Rd, Madison, NJ, 07940 listed at $1,429,000 pairs $6,962/mo rent with a $6,994/mo payment. Total monthly income runs $6,962/mo. Return on cash invested measures 12.02% in year one, and rental yield registers 5.85% at a $1,429,000 basis. Equity gained on principal adds $9,221/yr, and annual property appreciation at 5% supports $394,806 by year five. Five-year ROI tracks 61.68% and total cumulative return in cash totals $285,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,962/mo property income relative to a $6,994/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07940, Madison, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,092 (100%) |
| Owner Occupied HU | 3,918 (64.3%) |
| Renter Occupied HU | 1,929 (31.7%) |
| Vacant Housing Units | 245 ( 4.0%) |
| Median Home Value | $912,115 |
| Average Home Value | $1,040,997 |
Housing Distribution
Address Breakdown
Residential
5,860
Single Family
5,539
Multi-Family
321
Businesses
573
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Listed by: Scott Shuman • Keller Williams Realty
Mls Name: GSMLS
Mls ID: #3984562