31 Stover AveMilfordNJ08848
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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 Milford at 31 Stover Ave, Milford, NJ, 08848 listed at $255,000 pairs $1,734/mo rent with a $1,248/mo payment. Total monthly income runs $1,734/mo. Return on cash invested measures 18.72% in year one, and rental yield registers 8.16% at a $255,000 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,452 by year five. Five-year ROI tracks 97.76% and total cumulative return in cash totals $82,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,734/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1941
0.37 Acres lot
$N/A/sqft
No HOA
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Listed by: Mary Malone • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3998877