411 Newport CtFordsNJ08863
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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 Fords at 411 Newport Ct, Fords, NJ, 08863 earns $746/mo cash flow from $3,241/mo rent with a $1,713/mo payment. Total monthly income totals $3,241/mo, and annual cash flow totals $8,956/yr on $116,025 capital. ROI tracks 27.63% on current figures, and rental yield reads 11.11% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 145.48% and total cumulative return in cash sums $168,794. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,241/mo property income instead of your personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: ANGELO UCCIFERRI • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2605195R