305 StocktonHightstownNJ08520
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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
Rental property for sale in Hightstown at 305 Stockton, Hightstown, NJ, 08520 priced at $648,900 converts $3,210/mo rent into after a $3,176/mo obligation. Total monthly income equals $3,210/mo. Return on cash invested prints 12.11% in year one, and rental yield reads 5.94% against a $648,900 entry. Equity gained on principal adds $4,187/yr, while 5% annual appreciation compiles into $179,279 by year five. Five-year ROI reaches 62.2% and total cumulative return in cash sums $132,796. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,210/mo property income covering a $3,176/mo payment, not borrower’s personal income.
Single Family
Built in 1898
6,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: Steffania Olivo • Realty One Group Legend
Mls Name: GSMLS
Mls ID: #4003335