168 Locktown Flemington RdFlemingtonNJ08822
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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
Rental property for sale in Flemington at 168 Locktown Flemington Rd, Flemington, NJ, 08822 priced at $680,000 pairs $3,800/mo rent with after a $3,328/mo payment. Total monthly income equals $3,800/mo. Return on cash invested is 14.45% in year one, and rental yield stands at 6.71% on a $680,000 basis. Equity gained on principal adds $4,388/yr, and 5% annual appreciation accumulates to $187,871 by year five. Five-year ROI measures 74.77% and total cumulative return in cash reaches $167,268. For financing, Ziffy Mortgage’s DSCR program evaluates $3,800/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
3.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08822, Flemington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,108 (100%) |
| Owner Occupied HU | 9,836 (75.0%) |
| Renter Occupied HU | 2,786 (21.3%) |
| Vacant Housing Units | 486 ( 3.7%) |
| Median Home Value | $566,418 |
| Average Home Value | $589,666 |
Housing Distribution
Address Breakdown
Residential
12,747
Single Family
12,470
Multi-Family
277
Businesses
1,692
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Listed by: Louis Hribik • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4000808