163 Winchester RdFordsNJ08863
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fords at 163 Winchester Rd, Fords, NJ, 08863 offers $1,792/mo rent that, after a $1,224/mo payment, leaves $10/mo cash flow. Total monthly income is $1,792/mo, and annual cash flow is $116/yr on $82,875 cash. Return on cash invested measures 20.05% in year one, and rental yield stands at 8.6% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 104.84% and total cumulative return in cash reaches $86,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,792/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
4,369 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JASMIN TEJEIRO • BH HOMESERVICES FOX & ROACH
Mls Name: All Jersey MLS
Mls ID: #2606194R