12 King Hill RdHigh BridgeNJ08829
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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 High Bridge at 12 King Hill Rd, High Bridge, NJ, 08829 priced at $296,300 converts $3,436/mo rent into $1,324/mo cash flow after a $1,450/mo obligation. Total monthly income equals $3,436/mo, and annual cash flow totals $15,891/yr on $98,223 invested. Return on cash invested prints 36.09% in year one, and rental yield reads 13.92% against a $296,300 entry. Equity gained on principal adds $1,912/yr, while 5% annual appreciation compiles into $81,862 by year five. Five-year ROI reaches 190.87% and total cumulative return in cash sums $187,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,436/mo property income covering a $1,450/mo payment, not borrower’s personal income.
Single Family
Built in 1979
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,203 (78.8%) |
| Renter Occupied HU | 230 (15.1%) |
| Vacant Housing Units | 94 ( 6.2%) |
| Median Home Value | $346,416 |
| Average Home Value | $365,669 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
82
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Nearby investment properties with comparable prices
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