305 Texas AveWilliamstownNJ08094
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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 Williamstown at 305 Texas Ave, Williamstown, NJ, 08094 offers $959/mo rent that, after a $587/mo payment, leaves $104/mo cash flow. Total monthly income is $959/mo, and annual cash flow is $1,248/yr on $39,780 cash. Return on cash invested measures 23.05% in year one, and rental yield stands at 9.59% at a $120,000 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,154 by year five. Five-year ROI records 120.86% and total cumulative return in cash reaches $48,079. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $959/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
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Listed by: Jessica Mashburn • EXIT Realty Defined
Mls Name: Bright MLS
Mls ID: #NJGL2068246