257 Summerhill RdSpotswoodNJ08884
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
Investment property for sale in Spotswood at 257 Summerhill Rd, Spotswood, NJ, 08884 earns $143/mo cash flow from $3,278/mo rent with a $2,153/mo payment. Total monthly income totals $3,278/mo, and annual cash flow totals $1,711/yr on $145,827 capital. ROI tracks 21.08% on current figures, and rental yield reads 8.94% at a $439,900 purchase. Equity gained on principal adds $2,839/yr, and 5% annual appreciation supports $121,536 over five years. Five-year ROI reaches 110.37% and total cumulative return in cash sums $160,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,278/mo property income instead of your personal income.
Single Family
Built in 1953
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RONNIE GLOMB • YOUR TOWN REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2603058R