29 Daulton DrSomersetNJ08873
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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 Somerset at 29 Daulton Dr, Somerset, NJ, 08873 priced at $674,000 converts $4,496/mo rent into after a $3,299/mo obligation. Total monthly income equals $4,496/mo. Return on cash invested prints 18.39% in year one, and rental yield reads 8% against a $674,000 entry. Equity gained on principal adds $4,349/yr, while 5% annual appreciation compiles into $186,214 by year five. Five-year ROI reaches 95.91% and total cumulative return in cash sums $212,677. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,496/mo property income covering a $3,299/mo payment, not borrower’s personal income.
Single Family
Built in 2005
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Housing Distribution
Address Breakdown
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
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Listed by: Debra Ann Meckbach • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3994007