305 High StDunellenNJ08812
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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 Dunellen at 305 High St, Dunellen, NJ, 08812 offers a 10.24% rental yield on a $500,000 purchase with $4,265/mo rent. Total monthly income registers $4,265/mo, and a $2,447/mo payment leaves $701/mo available for distribution. Annual cash flow reaches $8,416/yr on $165,750 to close, and return on cash invested stands at 24.99% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 131.31% and total cumulative return in cash at $217,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,265/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08812, Dunellen, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,554 (100%) |
| Owner Occupied HU | 3,925 (70.7%) |
| Renter Occupied HU | 1,444 (26.0%) |
| Vacant Housing Units | 185 ( 3.3%) |
| Median Home Value | $585,736 |
| Average Home Value | $621,426 |
Housing Distribution
Address Breakdown
Residential
5,053
Single Family
5,037
Multi-Family
16
Businesses
616
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Listed by: Mary Algoo • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2510642R
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