204 Covered Bridge Boulevard #FEnglishtownNJ07726
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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 Englishtown at 204 Covered Bridge Boulevard #F, Englishtown, NJ, 07726 with 5% annual appreciation on a $299,900 basis while $2,974/mo rent supports operations. Total monthly income totals $2,974/mo and a $1,468/mo payment preserves $836/mo for cash returns. Annual cash flow comes to $10,035/yr on $99,417 deployed, and return on cash invested reaches 30% in year one. Equity gained on principal adds $1,935/yr, and five-year appreciation sums $82,857 alongside rental yield of 11.9%. Five-year ROI measures 158.24% and total cumulative return in cash totals $157,312.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,974/mo property income versus a $1,468/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1980
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07726, Englishtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,865 (100%) |
| Owner Occupied HU | 14,121 (83.7%) |
| Renter Occupied HU | 2,184 (12.9%) |
| Vacant Housing Units | 560 ( 3.3%) |
| Median Home Value | $700,020 |
| Average Home Value | $733,343 |
Housing Distribution
Address Breakdown
Residential
16,554
Single Family
14,650
Multi-Family
1,904
Businesses
1,332
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Listed by: Darren Tietsworth • RE/MAX Select
Mls Name: MoreMLS
Mls ID: #22529210