197 Richline Hill RdStewartsvilleNJ08886
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Stewartsville at 197 Richline Hill Rd, Stewartsville, NJ, 08886 uses $164,093 cash to close to unlock $2,238/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $3,715/mo, and a $2,423/mo payment keeps the spread at $187/mo. Purchase price stands at $495,000, and rental yield measures 9.01% with $3,715/mo rent. Return on cash invested shows 21.27% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 111.4% and total cumulative return in cash records $182,794. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,715/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1840
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08886, Stewartsville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 2,170 (84.9%) |
| Renter Occupied HU | 295 (11.5%) |
| Vacant Housing Units | 91 ( 3.6%) |
| Median Home Value | $470,919 |
| Average Home Value | $485,098 |
Housing Distribution
Address Breakdown
Residential
2,455
Single Family
2,455
Multi-Family
0
Businesses
113
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Oswald • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3993899