47 SPRUCE CTBedminsterNJ07921
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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 Bedminster at 47 SPRUCE CT, Bedminster, NJ, 07921 at $379,999 posts ROI 22.68% with $291/mo cash flow from $3,000/mo rent. Total monthly income equals $3,000/mo, and annual cash flow records $3,496/yr on $125,970 to close. Return on cash invested measures 22.68% and rental yield reads 9.47% at the current $379,999. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 118.98% and total cumulative return in cash totals $149,880.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07921, Bedminster, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,213 (100%) |
| Owner Occupied HU | 3,088 (73.3%) |
| Renter Occupied HU | 965 (22.9%) |
| Vacant Housing Units | 160 ( 3.8%) |
| Median Home Value | $572,944 |
| Average Home Value | $666,567 |
Housing Distribution
Address Breakdown
Residential
4,161
Single Family
4,161
Multi-Family
0
Businesses
274
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Listed by: Peter J. Cagnassola • Bedminster Hills Realty
Mls Name: GSMLS
Mls ID: #4004721