1311 N Main StWilliamstownNJ08094
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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 Williamstown at 1311 N Main St, Williamstown, NJ, 08094 uses $96,798 cash to close to unlock $3,886/yr annual cash flow and $324/mo monthly cash flow. Total monthly income runs $2,405/mo, and a $1,429/mo payment keeps the spread at $324/mo. Purchase price stands at $292,000, and rental yield measures 9.88% with $2,405/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $80,674 over five years. Five-year ROI reaches 125.59% and total cumulative return in cash records $121,568. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,405/mo property income covering a $1,429/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
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Listed by: Miranda Plowman • Keller Williams Prime Realty
Mls Name: Bright MLS
Mls ID: #NJGL2061300