1419 Spiegle AveWestvilleNJ08093
Nearby investment properties with comparable rents
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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 Westville at 1419 Spiegle Ave, Westville, NJ, 08093 priced at $337,600 converts $2,449/mo rent into $43/mo cash flow after a $1,652/mo obligation. Total monthly income equals $2,449/mo, and annual cash flow totals $516/yr on $111,914 invested. Return on cash invested prints 20.37% in year one, and rental yield reads 8.7% against a $337,600 entry. Equity gained on principal adds $2,178/yr, while 5% annual appreciation compiles into $93,273 by year five. Five-year ROI reaches 106.58% and total cumulative return in cash sums $119,277. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,449/mo property income covering a $1,652/mo payment, not borrower’s personal income.
Single Family
Built in 1922
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08093, Westville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,462 (100%) |
| Owner Occupied HU | 2,542 (57.0%) |
| Renter Occupied HU | 1,611 (36.1%) |
| Vacant Housing Units | 309 ( 6.9%) |
| Median Home Value | $246,851 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,242
Single Family
3,998
Multi-Family
244
Businesses
330
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