13 Avon Dr #PHightstownNJ08520
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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 Hightstown at 13 Avon Dr #P, Hightstown, NJ, 08520 earns $259/mo cash flow from $2,098/mo rent with a $1,263/mo payment. Total monthly income totals $2,098/mo, and annual cash flow totals $3,106/yr on $85,527 capital. ROI tracks 23.54% on current figures, and rental yield reads 9.76% at a $258,000 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 over five years. Five-year ROI reaches 123.54% and total cumulative return in cash sums $105,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,098/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: Chris Mooney • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJME2064696