35 W High StSomervilleNJ08876
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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 Somerville at 35 W High St, Somerville, NJ, 08876 listed at $530,000 pairs $4,020/mo rent with a $2,594/mo payment to leave $242/mo cash flow. Total monthly income runs $4,020/mo, and annual cash flow reaches $2,908/yr on $174,370 cash to close. Return on cash invested measures 21.73% in year one, and rental yield registers 9.1% at a $530,000 basis. Equity gained on principal adds $3,420/yr, and annual property appreciation at 5% supports $146,429 by year five. Five-year ROI tracks 113.82% and total cumulative return in cash totals $198,463. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,020/mo property income relative to a $2,594/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08876, Somerville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,183 (100%) |
| Owner Occupied HU | 6,170 (55.2%) |
| Renter Occupied HU | 4,259 (38.1%) |
| Vacant Housing Units | 754 ( 6.7%) |
| Median Home Value | $537,859 |
| Average Home Value | $581,425 |
Housing Distribution
Address Breakdown
Residential
10,180
Single Family
9,519
Multi-Family
661
Businesses
1,475
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Listed by: Erica Silvestri • Keller Williams Towne Square Real
Mls Name: GSMLS
Mls ID: #3987262