210 Recklesstown WayChesterfieldNJ08515
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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
Rental property for sale in Chesterfield at 210 Recklesstown Way, Chesterfield, NJ, 08515 offers $5,515/mo rent that, after a $4,351/mo payment. Total monthly income is $5,515/mo. Return on cash invested measures 16.69% in year one, and rental yield stands at 7.44% at a $889,000 entry. Equity gained on principal adds $5,737/yr while 5% annual appreciation compounds into $245,614 by year five. Five-year ROI records 86.79% and total cumulative return in cash reaches $253,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,515/mo property income versus a $4,351/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08515, Crosswicks, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,834 (90.4%) |
| Renter Occupied HU | 144 ( 7.1%) |
| Vacant Housing Units | 50 ( 2.5%) |
| Median Home Value | $587,924 |
| Average Home Value | $593,693 |
Housing Distribution
Address Breakdown
Residential
1,987
Single Family
1,987
Multi-Family
0
Businesses
121
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Listed by: David Schiavone • CB Schiavone & Associates
Mls Name: Bright MLS
Mls ID: #NJBL2098900