15 Woodland TerraceHigh BridgeNJ08829
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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 High Bridge at 15 Woodland Terrace, High Bridge, NJ, 08829 priced at $600,000 pairs $4,127/mo rent with after a $2,937/mo payment. Total monthly income equals $4,127/mo. Return on cash invested is 19.15% in year one, and rental yield stands at 8.25% on a $600,000 basis. Equity gained on principal adds $3,872/yr, and 5% annual appreciation accumulates to $165,769 by year five. Five-year ROI measures 99.96% and total cumulative return in cash reaches $197,328. For financing, Ziffy Mortgage’s DSCR program evaluates $4,127/mo property income against a $2,937/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,203 (78.8%) |
| Renter Occupied HU | 230 (15.1%) |
| Vacant Housing Units | 94 ( 6.2%) |
| Median Home Value | $346,416 |
| Average Home Value | $365,669 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
82
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Listed by: Lauren Hamlin • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3975521