45 Watkins AveWoodburyNJ08096
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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 Woodbury at 45 Watkins Ave, Woodbury, NJ, 08096 uses $112,379 cash to close to unlock $1,223/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $2,518/mo, and a $1,659/mo payment keeps the spread at $102/mo. Purchase price stands at $339,000, and rental yield measures 8.91% with $2,518/mo rent. Return on cash invested shows 21% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 109.89% and total cumulative return in cash records $123,496. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,518/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1922
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
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Listed by: Adam Bello • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJGL2068136