180 Kenneth Ct #88SpotswoodNJ08884
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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 Spotswood at 180 Kenneth Ct #88, Spotswood, NJ, 08884 listed at $120,000 pairs $918/mo rent with a $587/mo payment to leave $63/mo cash flow. Total monthly income runs $918/mo, and annual cash flow reaches $756/yr on $39,780 cash to close. Return on cash invested measures 21.81% in year one, and rental yield registers 9.18% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 114.23% and total cumulative return in cash totals $45,439. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $918/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08884, Spotswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,276 (100%) |
| Owner Occupied HU | 2,587 (79.0%) |
| Renter Occupied HU | 596 (18.2%) |
| Vacant Housing Units | 93 ( 2.8%) |
| Median Home Value | $471,823 |
| Average Home Value | $523,659 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
2,986
Multi-Family
281
Businesses
221
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Listed by: Patrick Crocetta • Hometown America, a Manufactured Home Dealer
Mls Name: My State MLS
Mls ID: #11564035