515 Andria Ave #182HillsboroughNJ08844
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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 Hillsborough at 515 Andria Ave #182, Hillsborough, NJ, 08844 earns $661/mo cash flow from $2,550/mo rent with a $1,297/mo payment. Total monthly income totals $2,550/mo, and annual cash flow totals $7,934/yr on $87,848 capital. ROI tracks 28.94% on current figures, and rental yield reads 11.55% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 152.55% and total cumulative return in cash sums $134,007. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,550/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08844, Hillsborough, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,763 (100%) |
| Owner Occupied HU | 12,465 (74.4%) |
| Renter Occupied HU | 3,569 (21.3%) |
| Vacant Housing Units | 729 ( 4.3%) |
| Median Home Value | $604,614 |
| Average Home Value | $650,014 |
Housing Distribution
Address Breakdown
Residential
16,156
Single Family
15,751
Multi-Family
405
Businesses
1,281
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Listed by: Mark Kot • Re/Max Preferred Professionals
Mls Name: GSMLS
Mls ID: #4005144