18 Harrison AveMilltownNJ08850
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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 Milltown at 18 Harrison Ave, Milltown, NJ, 08850 earns $424/mo cash flow from $3,482/mo rent with a $2,100/mo payment. Total monthly income totals $3,482/mo, and annual cash flow totals $5,087/yr on $142,214 capital. ROI tracks 23.49% on current figures, and rental yield reads 9.74% at a $429,000 purchase. Equity gained on principal adds $2,768/yr, and 5% annual appreciation supports $118,525 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash sums $175,285. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,482/mo property income instead of your personal income.
Single Family
Built in 1928
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08850, Milltown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,631 (83.4%) |
| Renter Occupied HU | 421 (13.3%) |
| Vacant Housing Units | 104 ( 3.3%) |
| Median Home Value | $495,554 |
| Average Home Value | $546,309 |
Housing Distribution
Address Breakdown
Residential
3,158
Single Family
3,146
Multi-Family
12
Businesses
314
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Listed by: KATTY VELEZ • BELL AND STOCKTON, LLC
Mls Name: All Jersey MLS
Mls ID: #2602851R