304 Wellington PlaceAberdeenNJ07747
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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 Aberdeen at 304 Wellington Place, Aberdeen, NJ, 07747 at $350,000 posts ROI 26.65% with $651/mo cash flow from $3,146/mo rent. Total monthly income equals $3,146/mo, and annual cash flow records $7,816/yr on $116,025 to close. Return on cash invested measures 26.65% and rental yield reads 10.79% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 140.22% and total cumulative return in cash totals $162,686.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,146/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07747, Matawan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,737 (100%) |
| Owner Occupied HU | 9,795 (71.3%) |
| Renter Occupied HU | 3,533 (25.7%) |
| Vacant Housing Units | 409 ( 3.0%) |
| Median Home Value | $546,490 |
| Average Home Value | $567,201 |
Housing Distribution
Address Breakdown
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
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Listed by: Barbara Alvarez • Coldwell Banker Realty
Mls Name: MoreMLS
Mls ID: #22517638