357 Stockton StHightstownNJ08520
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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 Hightstown at 357 Stockton St, Hightstown, NJ, 08520 uses $96,102 cash to close to unlock $6,919/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $2,643/mo, and a $1,419/mo payment keeps the spread at $577/mo. Purchase price stands at $289,900, and rental yield measures 10.94% with $2,643/mo rent. Return on cash invested shows 27.11% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 142.7% and total cumulative return in cash records $137,133. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,643/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1900
3,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: HEIDI MODJESKI • REAL
Mls Name: All Jersey MLS
Mls ID: #2608994R