311 Wellington PlAberdeenNJ07747
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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 Aberdeen at 311 Wellington Pl, Aberdeen, NJ, 07747 with 5% annual appreciation on a $385,000 basis while $3,150/mo rent supports operations. Total monthly income totals $3,150/mo and a $1,884/mo payment preserves $406/mo for cash returns. Annual cash flow comes to $4,874/yr on $127,628 deployed, and return on cash invested reaches 23.73% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 9.82%. Five-year ROI measures 124.57% and total cumulative return in cash totals $158,986.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,150/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1979
636 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07747, Matawan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,737 (100%) |
| Owner Occupied HU | 9,795 (71.3%) |
| Renter Occupied HU | 3,533 (25.7%) |
| Vacant Housing Units | 409 ( 3.0%) |
| Median Home Value | $546,490 |
| Average Home Value | $567,201 |
Housing Distribution
Address Breakdown
Residential
13,015
Single Family
11,555
Multi-Family
1,460
Businesses
1,077
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Listed by: Indre Lewis • GREEN LIGHT REALTY LLC
Mls Name: All Jersey MLS
Mls ID: #2600278R