40 Winston DrSomersetNJ08873
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 Somerset at 40 Winston Dr, Somerset, NJ, 08873 offers a 9.34% rental yield on a $599,750 purchase with $4,669/mo rent. Total monthly income registers $4,669/mo, and a $2,935/mo payment leaves $395/mo available for distribution. Annual cash flow reaches $4,735/yr on $197,318 to close, and return on cash invested stands at 22.46% in year one. Equity gained on principal adds $3,870/yr while 5% annual appreciation supports $165,700 over five years. Portfolio math shows five-year ROI at 117.74% and total cumulative return in cash at $232,313. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,669/mo property income against a $2,935/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08873, Somerset, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,399 (100%) |
| Owner Occupied HU | 14,076 (62.8%) |
| Renter Occupied HU | 7,273 (32.5%) |
| Vacant Housing Units | 1,050 ( 4.7%) |
| Median Home Value | $507,032 |
| Average Home Value | $561,292 |
Housing Distribution
Address Breakdown
Residential
22,210
Single Family
20,350
Multi-Family
1,860
Businesses
1,471
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vincent Baricaua • RE/MAX OUR TOWN
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2510846R
Disclaimer: The data relating to real estate for sale on this web-site comes in part from the Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. Real estate listings held by brokerage firms other than this site-owner are marked with the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any information provided. Copyright 2025, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC All rights reserved The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC retains all rights, title and interest in and to its trademarks, service marks and copyrighted material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting.