




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Somerset at 29 Woodhill St #132, Somerset, NJ, 08873 earns from $3,240/mo rent with a $2,447/mo payment. Total monthly income totals $3,240/mo. ROI tracks 15.39% on current figures, and rental yield reads 7.78% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 80.65% and total cumulative return in cash sums $133,656. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,240/mo property income instead of your personal income.
Townhouse
Built in 1996
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
| 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 |
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
Date | Event | Price |
|---|---|---|
| 2018-01-31 | Sold | $281,000 |
| 2017-10-10 | Listed for sale | $279,900 |
| 2005-11-02 | Sold | $334,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $7012.98 | 1.13% | $401,200 | 11.20% |
| 2023-06-17 | $6934.57 | 6.22% | $360,800 | 12.47% |
| 2022-06-17 | $6528.31 | N/A | $320,800 | 8.45% |



Listed by: Matthew Grinkevich • Re/Max Supreme
Mls Name: GSMLS
Mls Provider:
Mls ID: #3969661
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