150 Saratoga CtSomersetNJ08873
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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 Somerset at 150 Saratoga Ct, Somerset, NJ, 08873 with 5% annual appreciation on a $499,999 basis while $3,852/mo rent supports operations. Total monthly income totals $3,852/mo and a $2,447/mo payment preserves $288/mo for cash returns. Annual cash flow comes to $3,460/yr on $165,750 deployed, and return on cash invested reaches 22% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,141 alongside rental yield of 9.24%. Five-year ROI measures 115.28% and total cumulative return in cash totals $191,071.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,852/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2007
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Housing Distribution
Address Breakdown
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
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Listed by: Anne W. Cohen • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #3993130