266 E Washington AveWashingtonNJ07882
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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 Washington at 266 E Washington Ave, Washington, NJ, 07882 priced at $244,900 pairs $1,751/mo rent with after a $1,199/mo payment. Total monthly income equals $1,751/mo. Return on cash invested is 15.83% in year one, and rental yield stands at 8.58% on a $244,900 basis. Equity gained on principal adds $1,580/yr, and 5% annual appreciation accumulates to $67,661 by year five. Five-year ROI measures 83.76% and total cumulative return in cash reaches $67,997. For financing, Ziffy Mortgage’s DSCR program evaluates $1,751/mo property income against a $1,199/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1990
N/A lot
$N/A/sqft
$280 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07882, Washington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,588 (100%) |
| Owner Occupied HU | 4,513 (68.5%) |
| Renter Occupied HU | 1,719 (26.1%) |
| Vacant Housing Units | 356 ( 5.4%) |
| Median Home Value | $361,146 |
| Average Home Value | $384,518 |
Housing Distribution
Address Breakdown
Residential
6,179
Single Family
6,107
Multi-Family
72
Businesses
488
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Listed by: John Heuneman • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3959628
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