2323 Berry Farm RdWhitehouse StationNJ08889
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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 Whitehouse Station at 2323 Berry Farm Rd, Whitehouse Station, NJ, 08889 listed at $489,000 pairs $1,878/mo rent with a $2,393/mo payment. Total monthly income runs $1,878/mo. Return on cash invested measures 8.01% in year one, and rental yield registers 4.61% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 40.27% and total cumulative return in cash totals $65,278. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,878/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08889, Whitehouse Station, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,049 (100%) |
| Owner Occupied HU | 3,470 (85.7%) |
| Renter Occupied HU | 397 ( 9.8%) |
| Vacant Housing Units | 182 ( 4.5%) |
| Median Home Value | $583,944 |
| Average Home Value | $613,106 |
Housing Distribution
Address Breakdown
Residential
4,245
Single Family
4,128
Multi-Family
117
Businesses
280
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Listed by: Gail Mohr • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3983944