25 Evergreen StSpotswoodNJ08884
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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 Spotswood at 25 Evergreen St, Spotswood, NJ, 08884 priced at $475,000 converts $3,440/mo rent into $54/mo cash flow after a $2,325/mo obligation. Total monthly income equals $3,440/mo, and annual cash flow totals $650/yr on $157,463 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 8.69% against a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation compiles into $131,234 by year five. Five-year ROI reaches 106.3% and total cumulative return in cash sums $167,383. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,440/mo property income covering a $2,325/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08884, Spotswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,276 (100%) |
| Owner Occupied HU | 2,587 (79.0%) |
| Renter Occupied HU | 596 (18.2%) |
| Vacant Housing Units | 93 ( 2.8%) |
| Median Home Value | $471,823 |
| Average Home Value | $523,659 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
2,986
Multi-Family
281
Businesses
221
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Listed by: MICHAEL A. FINGERMAN • HOMESMART FIRST ADVANTAGE RLTY
Mls Name: All Jersey MLS
Mls ID: #2609069R