283 Gloucester CourtAberdeenNJ07747
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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 Aberdeen at 283 Gloucester Court, Aberdeen, NJ, 07747 with 5% annual appreciation on a $400,000 basis while $2,964/mo rent supports operations. Total monthly income totals $2,964/mo and a $1,958/mo payment preserves $113/mo for cash returns. Annual cash flow comes to $1,352/yr on $132,600 deployed, and return on cash invested reaches 20.93% in year one. Equity gained on principal adds $2,581/yr, and five-year appreciation sums $110,513 alongside rental yield of 8.89%. Five-year ROI measures 109.54% and total cumulative return in cash totals $145,252.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,964/mo property income versus a $1,958/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1983
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07747, Matawan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,737 (100%) |
| Owner Occupied HU | 9,795 (71.3%) |
| Renter Occupied HU | 3,533 (25.7%) |
| Vacant Housing Units | 409 ( 3.0%) |
| Median Home Value | $546,490 |
| Average Home Value | $567,201 |
Housing Distribution
Address Breakdown
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
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Listed by: Shari Ryan • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22537092