3 Harold Mathews Jr CtButlerNJ07405
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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 Butler at 3 Harold Mathews Jr Ct, Butler, NJ, 07405 generates $3,840/mo in rent, after a $3,034/mo payment. Total monthly income is $3,840/mo. Return on cash invested sits at 16.66% in year one, and rental yield is 7.43% on a $619,800 entry. Equity gained on principal adds $3,999/yr, while 5% annual appreciation builds toward $171,239 over five years. Five-year ROI reaches 86.61% and total cumulative return in cash sums $176,604. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07405, Butler, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,017 (100%) |
| Owner Occupied HU | 5,399 (76.9%) |
| Renter Occupied HU | 1,364 (19.4%) |
| Vacant Housing Units | 254 ( 3.6%) |
| Median Home Value | $611,884 |
| Average Home Value | $677,545 |
Housing Distribution
Address Breakdown
Residential
6,892
Single Family
6,786
Multi-Family
106
Businesses
617
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Listed by: Regina Petry • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #4007641