25 Canal StRaritanNJ08869
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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 Raritan at 25 Canal St, Raritan, NJ, 08869 uses $145,860 cash to close to unlock $520/yr annual cash flow and $43/mo monthly cash flow. Total monthly income runs $3,180/mo, and a $2,154/mo payment keeps the spread at $43/mo. Purchase price stands at $440,000, and rental yield measures 8.67% with $3,180/mo rent. Return on cash invested shows 20.27% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 106% and total cumulative return in cash records $154,606. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,180/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,478 (100%) |
| Owner Occupied HU | 1,586 (45.6%) |
| Renter Occupied HU | 1,735 (49.9%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $474,089 |
| Average Home Value | $515,988 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
2,820
Multi-Family
627
Businesses
373
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Listed by: Regina Perry • Callaway Henderson Sotheby's Ir
Mls Name: GSMLS
Mls ID: #3994101