4 Erin CtBridgewaterNJ08807
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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
Rental property for sale in Bridgewater at 4 Erin Ct, Bridgewater, NJ, 08807 priced at $1,070,000 converts $5,321/mo rent into after a $5,237/mo obligation. Total monthly income equals $5,321/mo. Return on cash invested prints 12.39% in year one, and rental yield reads 5.97% against a $1,070,000 entry. Equity gained on principal adds $6,905/yr, while 5% annual appreciation compiles into $295,621 by year five. Five-year ROI reaches 63.68% and total cumulative return in cash sums $220,773. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,321/mo property income covering a $5,237/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08807, Bridgewater, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,318 (100%) |
| Owner Occupied HU | 11,407 (79.7%) |
| Renter Occupied HU | 2,455 (17.1%) |
| Vacant Housing Units | 456 ( 3.2%) |
| Median Home Value | $613,784 |
| Average Home Value | $658,061 |
Housing Distribution
Address Breakdown
Residential
14,437
Single Family
13,263
Multi-Family
1,174
Businesses
1,270
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Listed by: Benny Yento • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #4007336