45 Drew PlSpotswoodNJ08884
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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 Spotswood at 45 Drew Pl, Spotswood, NJ, 08884 at $549,900 posts ROI 18.51% with from $3,686/mo rent. Total monthly income equals $3,686/mo. Return on cash invested measures 18.51% and rental yield reads 8.04% at the current $549,900. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 by year five. Five-year ROI prints 96.57% and total cumulative return in cash totals $174,710. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,686/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08884, Spotswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,276 (100%) |
| Owner Occupied HU | 2,587 (79.0%) |
| Renter Occupied HU | 596 (18.2%) |
| Vacant Housing Units | 93 ( 2.8%) |
| Median Home Value | $471,823 |
| Average Home Value | $523,659 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
2,986
Multi-Family
281
Businesses
221
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Listed by: NOELLE DIBENEDETTO • GREEN LIGHT REALTY LLC
Mls Name: All Jersey MLS
Mls ID: #2606161R