34 Tillman StRaritanNJ08869
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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 Raritan at 34 Tillman St, Raritan, NJ, 08869 priced at $564,900 pairs $2,874/mo rent with after a $2,765/mo payment. Total monthly income equals $2,874/mo. Return on cash invested is 12.62% in year one, and rental yield stands at 6.11% on a $564,900 basis. Equity gained on principal adds $3,645/yr, and 5% annual appreciation accumulates to $156,071 by year five. Five-year ROI measures 64.97% and total cumulative return in cash reaches $120,740. For financing, Ziffy Mortgage’s DSCR program evaluates $2,874/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
6,481 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08869, Raritan, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,478 (100%) |
| Owner Occupied HU | 1,586 (45.6%) |
| Renter Occupied HU | 1,735 (49.9%) |
| Vacant Housing Units | 157 ( 4.5%) |
| Median Home Value | $474,089 |
| Average Home Value | $515,988 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
2,820
Multi-Family
627
Businesses
373
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Listed by: BRUCE L. MCDONALD • MASTER KEY REALTORS
Mls Name: All Jersey MLS
Mls ID: #2609687R