414 W Centre StWoodburyNJ08096
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 414 W Centre St, Woodbury, NJ, 08096 in Woodbury: $2,803/mo in rent, $345/mo in net income, 9.75% gross yield, 1.81 DSCR, all at $344,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $95,290 in appreciation and $3,177/yr in principal paydown projects total cumulative return of $154,380.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 6.2% |
| Monthly Cash Flow | $345 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,803 |
| Total Monthly Debt Service | $2,321 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1924
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08096, Woodbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 10,628 (67.5%) |
| Renter Occupied HU | 4,199 (26.7%) |
| Vacant Housing Units | 917 ( 5.8%) |
| Median Home Value | $320,360 |
| Average Home Value | $345,177 |
Housing Distribution
Address Breakdown
Residential
14,505
Single Family
13,752
Multi-Family
753
Businesses
1,272
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
Single Family
Built in 1924
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08096, Woodbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 10,628 (67.5%) |
| Renter Occupied HU | 4,199 (26.7%) |
| Vacant Housing Units | 917 ( 5.8%) |
| Median Home Value | $320,360 |
| Average Home Value | $345,177 |
Housing Distribution
Address Breakdown
Residential
14,505
Single Family
13,752
Multi-Family
753
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Birnbaum • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJGL2068668