124 W Howard StClaytonNJ08312
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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 Clayton at 124 W Howard St, Clayton, NJ, 08312 offers a 8.53% rental yield on a $335,000 purchase with $2,381/mo rent. 83% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 103.66% and total cumulative return in cash at $115,112. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,381/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08312, Clayton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,335 (100%) |
| Owner Occupied HU | 2,385 (71.5%) |
| Renter Occupied HU | 771 (23.1%) |
| Vacant Housing Units | 179 ( 5.4%) |
| Median Home Value | $284,907 |
| Average Home Value | $297,345 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,055
Multi-Family
140
Businesses
167
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Listed by: David Marcantuno • Keller Williams Hometown
Mls Name: Bright MLS
Mls ID: #NJGL2065578