309 Harrison StFrenchtownNJ08825
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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 Frenchtown at 309 Harrison St, Frenchtown, NJ, 08825 with 5% annual appreciation on a $540,000 basis while $2,437/mo rent supports operations. 52% in year one. Equity gained on principal adds $3,485/yr, and five-year appreciation sums $149,192 alongside rental yield of 5.42%. Five-year ROI measures 53.71% and total cumulative return in cash totals $95,426. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,437/mo property income versus a $2,643/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1885
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08825, Frenchtown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,179 (100%) |
| Owner Occupied HU | 1,457 (66.9%) |
| Renter Occupied HU | 541 (24.8%) |
| Vacant Housing Units | 181 ( 8.3%) |
| Median Home Value | $544,773 |
| Average Home Value | $630,009 |
Housing Distribution
Address Breakdown
Residential
2,022
Single Family
1,960
Multi-Family
62
Businesses
214
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Listed by: Nicole Kulp • Kurfiss Sotheby's Int Realty
Mls Name: GSMLS
Mls ID: #4005501