187 Rita PlWilliamstownNJ08094
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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 Williamstown at 187 Rita Pl, Williamstown, NJ, 08094 with 5% annual appreciation on a $100,000 basis while $801/mo rent supports operations. Total monthly income totals $801/mo and a $489/mo payment preserves $89/mo for cash returns. Annual cash flow comes to $1,064/yr on $33,150 deployed, and return on cash invested reaches 23.12% in year one. Equity gained on principal adds $645/yr, and five-year appreciation sums $27,628 alongside rental yield of 9.61%. Five-year ROI measures 121.32% and total cumulative return in cash totals $40,216.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $801/mo property income versus a $489/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
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Listed by: Edward Munin • Keller Williams Realty - Marlton
Mls Name: Bright MLS
Mls ID: #NJGL2067760