18 William Martin WayFlemingtonNJ08822
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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 18 William Martin Way, Flemington, NJ, 08822 priced at $249,000 pairs $1,785/mo rent with after a $1,219/mo payment. Total monthly income equals $1,785/mo. Return on cash invested is 15.24% in year one, and rental yield stands at 8.6% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 80.77% and total cumulative return in cash reaches $66,668. For financing, Ziffy Mortgage’s DSCR program evaluates $1,785/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2008
N/A lot
$N/A/sqft
$310 monthly 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: Juan Camilo Malagon • Keller Williams Park Views
Mls Name: GSMLS
Mls Provider:
Mls ID: #3956863
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