40 Merlin DrWashingtonNJ07882
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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 Washington at 40 Merlin Dr, Washington, NJ, 07882 at $615,000 posts ROI 8.89% with from $2,500/mo rent. Total monthly income equals $2,500/mo. Return on cash invested measures 8.89% and rental yield reads 4.88% at the current $615,000. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 by year five. Five-year ROI prints 44.97% and total cumulative return in cash totals $90,989. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,500/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07882, Washington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,588 (100%) |
| Owner Occupied HU | 4,513 (68.5%) |
| Renter Occupied HU | 1,719 (26.1%) |
| Vacant Housing Units | 356 ( 5.4%) |
| Median Home Value | $361,146 |
| Average Home Value | $384,518 |
Housing Distribution
Address Breakdown
Residential
6,179
Single Family
6,107
Multi-Family
72
Businesses
488
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Nearby investment properties with comparable prices
Listed by: Kathryn Kingfield • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4003237