3 Patton PlSpotswoodNJ08884
Nearby investment properties with comparable rents
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 Spotswood at 3 Patton Pl, Spotswood, NJ, 08884 earns from $2,923/mo rent with a $2,425/mo payment. Total monthly income totals $2,923/mo. ROI tracks 15.46% on current figures, and rental yield reads 7.08% at a $495,500 purchase. Equity gained on principal adds $3,197/yr, and 5% annual appreciation supports $136,898 over five years. Five-year ROI reaches 80.24% and total cumulative return in cash sums $131,795. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,923/mo property income instead of your personal income.
Single Family
Built in 1953
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08884, Spotswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,276 (100%) |
| Owner Occupied HU | 2,587 (79.0%) |
| Renter Occupied HU | 596 (18.2%) |
| Vacant Housing Units | 93 ( 2.8%) |
| Median Home Value | $471,823 |
| Average Home Value | $523,659 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
2,986
Multi-Family
281
Businesses
221
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: EDYTHE GLASS • BHHS FOX & ROACH REALTORS
Mls Name: All Jersey MLS
Mls ID: #2601027R