274 Pine View Way #88SpotswoodNJ08884
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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 Spotswood at 274 Pine View Way #88, Spotswood, NJ, 08884 offers a 28.8% rental yield on a $125,000 purchase with $3,000/mo rent. Total monthly income registers $3,000/mo, and a $612/mo payment leaves $2,109/mo available for distribution. Annual cash flow reaches $25,306/yr on $41,438 to close, and return on cash invested stands at 80.98% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,535 over five years. Portfolio math shows five-year ROI at 431.59% and total cumulative return in cash at $178,841. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,000/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
N/A 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: Patrick Crocetta • Hometown America Communities
Mls Name: My State MLS
Mls ID: #11353091