51 Augusta DrAnnandaleNJ08801
Nearby investment properties with comparable rents
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 Annandale at 51 Augusta Dr, Annandale, NJ, 08801 priced at $269,000 pairs $2,436/mo rent with $183/mo cash flow after a $1,317/mo payment. Total monthly income equals $2,436/mo, and annual cash flow comes to $2,199/yr on $89,174 invested. Return on cash invested is 22.37% in year one, and rental yield stands at 10.87% on a $269,000 basis. Equity gained on principal adds $1,736/yr, and 5% annual appreciation accumulates to $74,320 by year five. Five-year ROI measures 118.97% and total cumulative return in cash reaches $106,091. For financing, Ziffy Mortgage’s DSCR program evaluates $2,436/mo property income against a $1,317/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$335 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08801, Annandale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,124 (100%) |
| Owner Occupied HU | 2,573 (82.4%) |
| Renter Occupied HU | 378 (12.1%) |
| Vacant Housing Units | 173 ( 5.5%) |
| Median Home Value | $589,510 |
| Average Home Value | $604,422 |
Housing Distribution
Address Breakdown
Residential
3,155
Single Family
3,155
Multi-Family
0
Businesses
160
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Listed by: Bridget Woodell • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3924121
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