3 Witches Hollow RoadPerrinevilleNJ08535
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
Rental property for sale in Perrineville at 3 Witches Hollow Road, Perrineville, NJ, 08535 generates $7,260/mo in rent, after a $6,265/mo payment. Total monthly income is $7,260/mo. Return on cash invested sits at 14.98% in year one, and rental yield is 6.81% on a $1,280,000 entry. Equity gained on principal adds $8,260/yr, while 5% annual appreciation builds toward $353,640 over five years. Five-year ROI reaches 77.56% and total cumulative return in cash sums $321,660. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $7,260/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08535, Perrineville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,609 (100%) |
| Owner Occupied HU | 1,480 (92.0%) |
| Renter Occupied HU | 78 ( 4.8%) |
| Vacant Housing Units | 51 ( 3.2%) |
| Median Home Value | $850,548 |
| Average Home Value | $878,221 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
186
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Phyllis M Rundella • Weichert Realtors-Freehold
Mls Name: MOMLS
Mls Provider:
Mls ID: #22422491
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.