225 Elm StWestvilleNJ08093
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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 Westville at 225 Elm St, Westville, NJ, 08093 with 5% annual appreciation on a $275,000 basis while $1,978/mo rent supports operations. Total monthly income totals $1,978/mo and a $1,346/mo payment preserves $18/mo for cash returns. Annual cash flow comes to $214/yr on $91,163 deployed, and return on cash invested reaches 20.14% in year one. Equity gained on principal adds $1,775/yr, and five-year appreciation sums $75,977 alongside rental yield of 8.63%. Five-year ROI measures 105.33% and total cumulative return in cash totals $96,023.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,978/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08093, Westville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,462 (100%) |
| Owner Occupied HU | 2,542 (57.0%) |
| Renter Occupied HU | 1,611 (36.1%) |
| Vacant Housing Units | 309 ( 6.9%) |
| Median Home Value | $246,851 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,242
Single Family
3,998
Multi-Family
244
Businesses
330
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Listed by: Nick Nowak • EXP REALTY, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2068886