17 Comstock LnSkillmanNJ08558
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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 Skillman at 17 Comstock Ln, Skillman, NJ, 08558 priced at $999,000 converts $3,847/mo rent into after a $4,890/mo obligation. Total monthly income equals $3,847/mo. Return on cash invested prints 8.11% in year one, and rental yield reads 4.62% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 40.75% and total cumulative return in cash sums $133,946. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,847/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 2015
8,276 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,001
Single Family
2,835
Multi-Family
166
Businesses
293
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Listed by: Priya Khanna • Bhhs Fox & Roach
Mls Name: GSMLS
Mls ID: #4001331