1963 Steeplechase DrWilliamstownNJ08094
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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 1963 Steeplechase Dr, Williamstown, NJ, 08094 listed at $675,000 pairs $5,412/mo rent with a $3,304/mo payment to leave $601/mo cash flow. Total monthly income runs $5,412/mo, and annual cash flow reaches $7,206/yr on $222,075 cash to close. Return on cash invested measures 23.31% in year one, and rental yield registers 9.62% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 122.26% and total cumulative return in cash totals $271,503. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,412/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
0.28 Acres 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: Christine Stowell • RE/MAX Preferred - Sewell
Mls Name: Bright MLS
Mls ID: #NJGL2061618