42 Welisewitz RdRingoesNJ08551
INVESTMENT ANALYSIS
Investment Verdict
Solid Income42 Welisewitz Rd, Ringoes, NJ, 08551 in Ringoes carries a 1.54 coverage ratio, rent of $4,643/mo is 1.54 times the $3,012/mo payment. Rental yield 8.32%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $669,900 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $185,081; total projected cumulative return: $248,286.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.2% |
| Monthly Cash Flow | $(132) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $4,643 |
| Total Monthly Debt Service | $4,508 |
| DSCR Ratio | 1.03x |
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 1979
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08551, Ringoes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,043 (100%) |
| Owner Occupied HU | 1,785 (87.4%) |
| Renter Occupied HU | 175 ( 8.6%) |
| Vacant Housing Units | 83 ( 4.1%) |
| Median Home Value | $639,032 |
| Average Home Value | $688,770 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,976
Multi-Family
0
Businesses
204
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 1979
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08551, Ringoes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,043 (100%) |
| Owner Occupied HU | 1,785 (87.4%) |
| Renter Occupied HU | 175 ( 8.6%) |
| Vacant Housing Units | 83 ( 4.1%) |
| Median Home Value | $639,032 |
| Average Home Value | $688,770 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,976
Multi-Family
0
Businesses
204
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: GSMLS
Mls ID: #4020697