345 Ivy DrWoodbury HeightsNJ08097
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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 Woodbury Heights at 345 Ivy Dr, Woodbury Heights, NJ, 08097 earns $622/mo cash flow from $3,580/mo rent with a $2,031/mo payment. Total monthly income totals $3,580/mo, and annual cash flow totals $7,466/yr on $137,573 capital. ROI tracks 25.34% on current figures, and rental yield reads 10.35% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 133.19% and total cumulative return in cash sums $183,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,580/mo property income instead of your personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08097, Woodbury Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,176 (100%) |
| Owner Occupied HU | 994 (84.5%) |
| Renter Occupied HU | 111 ( 9.4%) |
| Vacant Housing Units | 71 ( 6.0%) |
| Median Home Value | $328,344 |
| Average Home Value | $340,742 |
Housing Distribution
Address Breakdown
Residential
1,169
Single Family
1,169
Multi-Family
0
Businesses
125
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Listed by: Adam Bello • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJGL2065660