44 Madison StGilletteNJ07933
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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 Gillette at 44 Madison St, Gillette, NJ, 07933 offers a 8.42% rental yield on a $885,000 purchase with $6,212/mo rent. 66% in year one. Equity gained on principal adds $5,711/yr while 5% annual appreciation supports $244,509 over five years. Portfolio math shows five-year ROI at 102.72% and total cumulative return in cash at $299,094. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,212/mo property income against a $4,332/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07933, Gillette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 1,048 (88.4%) |
| Renter Occupied HU | 107 ( 9.0%) |
| Vacant Housing Units | 31 ( 2.6%) |
| Median Home Value | $714,075 |
| Average Home Value | $771,469 |
Housing Distribution
Address Breakdown
Residential
1,206
Single Family
1,206
Multi-Family
0
Businesses
117
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Listed by: Christina Roche • Nexthome Premier
Mls Name: GSMLS
Mls ID: #3997654