1501 Clearbrook AveWestvilleNJ08093
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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 Westville at 1501 Clearbrook Ave, Westville, NJ, 08093 offers a 8.43% rental yield on a $249,900 purchase with $1,756/mo rent. 55% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,043 over five years. Portfolio math shows five-year ROI at 102.11% and total cumulative return in cash at $84,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,756/mo property income against a $1,223/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,300 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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Listed by: Francesco Pullella • HOF Realty
Mls Name: Bright MLS
Mls ID: #NJGL2068042