5 Springer CourtWhitingNJ08759
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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 Whiting at 5 Springer Court, Whiting, NJ, 08759 earns $188/mo cash flow from $2,810/mo rent with a $1,664/mo payment. Total monthly income totals $2,810/mo, and annual cash flow totals $2,252/yr on $112,710 capital. ROI tracks 21.91% on current figures, and rental yield reads 9.92% at a $339,999 purchase. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,935 over five years. Five-year ROI reaches 115.56% and total cumulative return in cash sums $130,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,810/mo property income instead of your personal income.
Single Family
Built in 1998
6,534 sqft lot
$N/A/sqft
$199 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,283 (100%) |
| Owner Occupied HU | 19,068 (81.9%) |
| Renter Occupied HU | 2,211 ( 9.5%) |
| Vacant Housing Units | 2,004 ( 8.6%) |
| Median Home Value | $231,529 |
| Average Home Value | $352,495 |
Housing Distribution
Address Breakdown
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
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Listed by: Gina Nagle • Crossroads Realty Executive Office
Mls Name: MOMLS
Mls Provider:
Mls ID: #22426120
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.