3 Heritage LnFordsNJ08863
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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 Fords at 3 Heritage Ln, Fords, NJ, 08863 with 5% annual appreciation on a $425,000 basis while $3,324/mo rent supports operations. Total monthly income totals $3,324/mo and a $2,080/mo payment preserves $295/mo for cash returns. Annual cash flow comes to $3,538/yr on $140,888 deployed, and return on cash invested reaches 22.42% in year one. Equity gained on principal adds $2,742/yr, and five-year appreciation sums $117,420 alongside rental yield of 9.39%. Five-year ROI measures 117.53% and total cumulative return in cash totals $165,581.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,324/mo property income versus a $2,080/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: GIOVANNI NOCELLA • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls ID: #2606389R