122 Wilson LnBerlinNJ08009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Berlin at 122 Wilson Ln, Berlin, NJ, 08009 generates $3,182/mo in rent and, after a $1,713/mo payment, leaves $688/mo in cash flow. Total monthly income is $3,182/mo, and annual cash flow is $8,251/yr on $115,992 invested. Return on cash invested sits at 27.02% in year one, and rental yield is 10.91% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 142.23% and total cumulative return in cash sums $164,970. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,182/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
6,055 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08009, Berlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,654 (100%) |
| Owner Occupied HU | 4,330 (76.6%) |
| Renter Occupied HU | 1,079 (19.1%) |
| Vacant Housing Units | 245 ( 4.3%) |
| Median Home Value | $347,480 |
| Average Home Value | $361,330 |
Housing Distribution
Address Breakdown
Residential
6,213
Single Family
6,073
Multi-Family
140
Businesses
585
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Mauz • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJCD2108164