153 Davenport DrChesterfieldNJ08515
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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 Chesterfield at 153 Davenport Dr, Chesterfield, NJ, 08515 with 5% annual appreciation on a $974,900 basis while $6,326/mo rent supports operations. 73% in year one. Equity gained on principal adds $6,291/yr, and five-year appreciation sums $269,347 alongside rental yield of 7.79%. Five-year ROI measures 92.35% and total cumulative return in cash totals $296,215. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,326/mo property income versus a $4,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08515, Crosswicks, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,834 (90.4%) |
| Renter Occupied HU | 144 ( 7.1%) |
| Vacant Housing Units | 50 ( 2.5%) |
| Median Home Value | $587,924 |
| Average Home Value | $593,693 |
Housing Distribution
Address Breakdown
Residential
1,987
Single Family
1,987
Multi-Family
0
Businesses
121
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Listed by: Lee Schilare • The Agency - Rutherford
Mls Name: Bright MLS
Mls ID: #NJBL2102268