25 Wessex LnSkillmanNJ08558
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Skillman at 25 Wessex Ln, Skillman, NJ, 08558 priced at $1,485,000 pairs $3,847/mo rent with after a $7,268/mo payment. Total monthly income equals $3,847/mo. Return on cash invested is 3.57% in year one, and rental yield stands at 3.11% on a $1,485,000 basis. Equity gained on principal adds $9,582/yr, and 5% annual appreciation accumulates to $410,278 by year five. Five-year ROI measures 16.37% and total cumulative return in cash reaches $78,750. For financing, Ziffy Mortgage’s DSCR program evaluates $3,847/mo property income against a $7,268/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08558, Skillman, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,093 (100%) |
| Owner Occupied HU | 2,602 (84.1%) |
| Renter Occupied HU | 318 (10.3%) |
| Vacant Housing Units | 173 ( 5.6%) |
| Median Home Value | $892,270 |
| Average Home Value | $953,112 |
Housing Distribution
Address Breakdown
Residential
3,001
Single Family
2,835
Multi-Family
166
Businesses
293
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Nearby investment properties with comparable prices
Listed by: Valerie Smith • Callaway Henderson Sotheby's Ir
Mls Name: GSMLS
Mls Provider:
Mls ID: #3964613
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