28 Summit CtAnnandaleNJ08801
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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 Annandale at 28 Summit Ct, Annandale, NJ, 08801 at $249,900 posts ROI 14.06% with from $1,776/mo rent. Total monthly income equals $1,776/mo. Return on cash invested measures 14.06% and rental yield reads 8.53% at the current $249,900. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 by year five. Five-year ROI prints 74.76% and total cumulative return in cash totals $61,934. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,776/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
N/A lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08801, Annandale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,124 (100%) |
| Owner Occupied HU | 2,573 (82.4%) |
| Renter Occupied HU | 378 (12.1%) |
| Vacant Housing Units | 173 ( 5.5%) |
| Median Home Value | $589,510 |
| Average Home Value | $604,422 |
Housing Distribution
Address Breakdown
Residential
3,155
Single Family
3,155
Multi-Family
0
Businesses
160
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Nearby investment properties with comparable prices
Listed by: Johanna Rivera • Realty Executives Property Squad
Mls Name: GSMLS
Mls Provider:
Mls ID: #3958668
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