16 Spyglass Rd, Skillman, NJ, 08558 | 3.98% Rental Yield

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16 Spyglass Rd, Skillman, NJ, 08558 | 3.98% Rental Yield | Ziffy

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Skillman at 16 Spyglass Rd, Skillman, NJ, 08558 at $1,160,000 posts ROI 6.25% with from $3,847/mo rent. Total monthly income equals $3,847/mo. Return on cash invested measures 6.25% and rental yield reads 3.98% at the current $1,160,000. Equity gained on principal adds $7,485/yr, and 5% annual appreciation supports $320,487 by year five. Five-year ROI prints 30.78% and total cumulative return in cash totals $115,673. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,847/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1995

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Just a few turns from the club in sought-after Cherry Valley, this dramatic home offers a layout designed to grow with you and adapt gracefully with time. The first-floor primary suite and finished lower level each feature newly renovated bathrooms. A soaring entryway sets the tone, flanked by formal dining and a light-filled living room. The drama continues into the vaulted great room, where a dual-sided fireplace is shared with the breakfast room. Doors open to a deck that welcomes outdoor dining. Find smooth finishes, stainless steel appliances and plenty of storage in the kitchen with two wall ovens and a gas cooktop. The homeowner?s wing offers a calming space with a recently renovated bathroom with an oversized, curbless shower, dual sinks, and built-in storage. Laundry and a powder room round out this level. The lower level provides space for recreation, hobbies, and play, now enhanced by a newer full bathroom. Upstairs, two ancillary bedrooms, another bathroom, and a dedicated home office complete the floor plan. With a newer roof and HVAC, highly regarded schools, and major conveniences nearby, this home balances architectural presence with everyday practicality.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08558, Skillman, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,093 (100%)
Owner Occupied HU	2,602 (84.1%)
Renter Occupied HU	318 (10.3%)
Vacant Housing Units	173 ( 5.6%)
Median Home Value	$892,270
Average Home Value	$953,112