118 E Greenwood AveVillasNJ08251
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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 Villas at 118 E Greenwood Ave, Villas, NJ, 08251 offers a 8.7% rental yield on a $325,000 purchase with $2,356/mo rent. Total monthly income registers $2,356/mo, and a $1,591/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $470/yr on $107,738 to close, and return on cash invested stands at 20.35% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 106.45% and total cumulative return in cash at $114,685. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,356/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
5,940 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08251, Villas, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,477 (100%) |
| Owner Occupied HU | 3,461 (53.4%) |
| Renter Occupied HU | 832 (12.8%) |
| Vacant Housing Units | 2,184 (33.7%) |
| Median Home Value | $365,842 |
| Average Home Value | $440,472 |
Housing Distribution
Address Breakdown
Residential
5,043
Single Family
5,043
Multi-Family
0
Businesses
127
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Listed by: Stephen Ruffer • WEICHERT REALTORS CITY TO SHORE
Mls Name: CMCAOR
Mls ID: #252737