263 Elm AveWest CreekNJ08092
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 West Creek at 263 Elm Ave, West Creek, NJ, 08092 at $680,000 posts ROI 17.91% with from $4,446/mo rent. Total monthly income equals $4,446/mo. Return on cash invested measures 17.91% and rental yield reads 7.85% at the current $680,000. Equity gained on principal adds $4,388/yr, and 5% annual appreciation supports $187,871 by year five. Five-year ROI prints 93.35% and total cumulative return in cash totals $208,836. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,446/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1990
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08092, West Creek, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,759 (100%) |
| Owner Occupied HU | 1,353 (76.9%) |
| Renter Occupied HU | 183 (10.4%) |
| Vacant Housing Units | 223 (12.7%) |
| Median Home Value | $571,611 |
| Average Home Value | $575,601 |
Housing Distribution
Address Breakdown
Residential
1,487
Single Family
1,487
Multi-Family
0
Businesses
144
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Nearby investment properties with comparable prices
Listed by: Marion Romano • The Van Dyk Group - Manahawkin
Mls Name: Bright MLS
Mls ID: #NJOC2037480