45 Powell CtHightstownNJ08520
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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
Investment Highlights
Rental property for sale in Hightstown at 45 Powell Ct, Hightstown, NJ, 08520 priced at $346,700 converts $3,064/mo rent into $593/mo cash flow after a $1,697/mo obligation. Total monthly income equals $3,064/mo, and annual cash flow totals $7,112/yr on $114,931 invested. Return on cash invested prints 26.1% in year one, and rental yield reads 10.61% against a $346,700 entry. Equity gained on principal adds $2,237/yr, while 5% annual appreciation compiles into $95,787 by year five. Five-year ROI reaches 137.26% and total cumulative return in cash sums $157,750. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,064/mo property income covering a $1,697/mo payment, not borrower’s personal income.
Apartment
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A