40 Foulkes Ln APT 11ChesterfieldNJ08515
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
Investment Highlights
Investment property for sale in Chesterfield at 40 Foulkes Ln APT 11, Chesterfield, NJ, 08515 offers a 10.72% rental yield on a $425,000 purchase with $3,797/mo rent. Total monthly income registers $3,797/mo, and a $2,080/mo payment leaves $768/mo available for distribution. Annual cash flow reaches $9,214/yr on $140,888 to close, and return on cash invested stands at 26.45% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 139.14% and total cumulative return in cash at $196,025. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,797/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Apartment
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08515, Crosswicks, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,028 (100%) |
| Owner Occupied HU | 1,834 (90.4%) |
| Renter Occupied HU | 144 ( 7.1%) |
| Vacant Housing Units | 50 ( 2.5%) |
| Median Home Value | $587,924 |
| Average Home Value | $593,693 |
Housing Distribution
Address Breakdown
Residential
1,987
Single Family
1,987
Multi-Family
0
Businesses
121
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeanette Larkin • Keller Williams Premier
Mls Name: Bright MLS
Mls ID: #NJBL2104178