266 Wyoming AveSpotswoodNJ08884
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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 Spotswood at 266 Wyoming Ave, Spotswood, NJ, 08884 priced at $784,900 pairs $4,417/mo rent with after a $3,842/mo payment. Total monthly income equals $4,417/mo. Return on cash invested is 14.59% in year one, and rental yield stands at 6.75% on a $784,900 basis. Equity gained on principal adds $5,065/yr, and 5% annual appreciation accumulates to $216,853 by year five. Five-year ROI measures 75.53% and total cumulative return in cash reaches $195,031. For financing, Ziffy Mortgage’s DSCR program evaluates $4,417/mo property income against a $3,842/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
10,497 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
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Listed by: LUKASZ GRZECH • RE/MAX FIRST REALTY, INC.
Mls Name: All Jersey MLS
Mls ID: #2660688M