347 Somerset StStirlingNJ07980
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeAt 1.52, 347 Somerset St, Stirling, NJ, 07980 in Stirling sits at the top of Ziffy Mortgage's DSCR coverage band, a significant advantage for non-U.S. buyers closing without domestic income documentation. Rental yield 8.21%. The 8.21% yield is backed by 5% annual appreciation projecting $149,164 in value gain, plus $4,973/yr in principal reduction. Total projected cumulative return: $197,017.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(155) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,694 |
| Total Monthly Debt Service | $3,634 |
| DSCR Ratio | 1.02x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07980, Stirling, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 656 (73.9%) |
| Renter Occupied HU | 209 (23.5%) |
| Vacant Housing Units | 23 ( 2.6%) |
| Median Home Value | $670,821 |
| Average Home Value | $720,846 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
840
Multi-Family
57
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1955
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07980, Stirling, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 656 (73.9%) |
| Renter Occupied HU | 209 (23.5%) |
| Vacant Housing Units | 23 ( 2.6%) |
| Median Home Value | $670,821 |
| Average Home Value | $720,846 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
840
Multi-Family
57
Businesses
145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A