252 Grandview RdSkillmanNJ08558
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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 Skillman at 252 Grandview Rd, Skillman, NJ, 08558 offers a 4.46% rental yield on a $1,399,000 purchase with $5,200/mo rent. 74% in year one. Equity gained on principal adds $9,028/yr while 5% annual appreciation supports $386,518 over five years. Portfolio math shows five-year ROI at 38.74% and total cumulative return in cash at $175,577. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,200/mo property income against a $6,847/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2.21 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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Listed by: Jeffrey Fetzko • Keller Williams Cornerstone
Mls Name: GSMLS
Mls ID: #3982736