211 Ripley CtWilliamstownNJ08094
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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 Williamstown at 211 Ripley Ct, Williamstown, NJ, 08094 offers $4,643/mo rent that, after a $2,985/mo payment, leaves $296/mo cash flow. Total monthly income is $4,643/mo, and annual cash flow is $3,551/yr on $200,657 cash. Return on cash invested measures 21.83% in year one, and rental yield stands at 9.14% at a $609,900 entry. Equity gained on principal adds $3,936/yr while 5% annual appreciation compounds into $168,504 by year five. Five-year ROI records 114.35% and total cumulative return in cash reaches $229,452. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,643/mo property income versus a $2,985/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.46 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: Mark E Ellis • Ellis Realty Group
Mls Name: GSMLS
Mls ID: #4003517