29 Ideal StGilletteNJ07933
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Nearby investment properties with comparable prices
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 Gillette at 29 Ideal St, Gillette, NJ, 07933 at $599,900 posts ROI 14.5% with from $3,362/mo rent. Total monthly income equals $3,362/mo. Return on cash invested measures 14.5% and rental yield reads 6.73% at the current $599,900. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 by year five. Five-year ROI prints 75.08% and total cumulative return in cash totals $148,192. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,362/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07933, Gillette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 1,048 (88.4%) |
| Renter Occupied HU | 107 ( 9.0%) |
| Vacant Housing Units | 31 ( 2.6%) |
| Median Home Value | $714,075 |
| Average Home Value | $771,469 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
117
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Listed by: Malcolm Miller • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4003296