405 Downing CtWestamptonNJ08060
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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 Westampton at 405 Downing Ct, Westampton, NJ, 08060 generates $1,592/mo in rent, after a $1,155/mo payment. Total monthly income is $1,592/mo. Return on cash invested sits at 18.53% in year one, and rental yield is 8.1% on a $235,900 entry. Equity gained on principal adds $1,522/yr, while 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 96.73% and total cumulative return in cash sums $75,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,592/mo property income rather than buyer’s personal income.
Condo
Built in 2008
N/A lot
$N/A/sqft
No HOA
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Listed by: homecoin.com Minerick • Homecoin.com
Mls Name: Bright MLS
Mls ID: #NJBL2093970