1651 N Main StWilliamstownNJ08094
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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 Williamstown at 1651 N Main St, Williamstown, NJ, 08094 offers a 9.52% rental yield on a $179,000 purchase with $1,420/mo rent. Total monthly income registers $1,420/mo, and a $876/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,731/yr on $59,339 to close, and return on cash invested stands at 22.83% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 119.76% and total cumulative return in cash at $71,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,420/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
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Listed by: Frank Barbieri • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJGL2062514