396 Monmouth 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 396 Monmouth St, Hightstown, NJ, 08520 earns $218/mo cash flow from $2,890/mo rent with a $1,835/mo payment. Total monthly income totals $2,890/mo, and annual cash flow totals $2,610/yr on $124,313 capital. ROI tracks 22.01% on current figures, and rental yield reads 9.25% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 115.34% and total cumulative return in cash sums $143,379. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,890/mo property income instead of your personal income.
Single Family
Built in 1915
0.39 Acres 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: ELIZABETH T. DRITSAS • HERITAGE HOUSE SOTHEBY'S INT'L
Mls Name: All Jersey MLS
Mls ID: #2608333R