41 Nunn AveWashingtonNJ07882
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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 Washington at 41 Nunn Ave, Washington, NJ, 07882 offers a 11.95% rental yield on a $290,000 purchase with $2,888/mo rent. Total monthly income registers $2,888/mo, and a $1,419/mo payment leaves $821/mo available for distribution. Annual cash flow reaches $9,856/yr on $96,135 to close, and return on cash invested stands at 30.16% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,122 over five years. Portfolio math shows five-year ROI at 159.08% and total cumulative return in cash at $152,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,888/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
7,405 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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Listed by: Cheryl Towey • Weichert Realtors Corp Hq
Mls Name: GSMLS
Mls ID: #4002474