2402 Candlelight CtHelmettaNJ08828
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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 Helmetta at 2402 Candlelight Ct, Helmetta, NJ, 08828 earns $529/mo cash flow from $2,924/mo rent with a $1,645/mo payment. Total monthly income totals $2,924/mo, and annual cash flow totals $6,343/yr on $111,384 capital. ROI tracks 25.6% on current figures, and rental yield reads 10.44% at a $335,999 purchase. Equity gained on principal adds $2,168/yr, and 5% annual appreciation supports $92,830 over five years. Five-year ROI reaches 134.61% and total cumulative return in cash sums $149,938. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,924/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08828, Helmetta, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,070 (100%) |
| Owner Occupied HU | 748 (69.9%) |
| Renter Occupied HU | 291 (27.2%) |
| Vacant Housing Units | 31 ( 2.9%) |
| Median Home Value | $405,848 |
| Average Home Value | $421,862 |
Housing Distribution
Address Breakdown
Residential
1,081
Single Family
1,081
Multi-Family
0
Businesses
49
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Listed by: DEBRA GRILLO • KELLER WILLIAMS WEST MONMOUTH
Mls Name: All Jersey MLS
Mls ID: #2609214R