528 Andria Ave BLDG 528 #253HillsboroughNJ08844
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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 528 Andria Ave BLDG 528 #253, Hillsborough, NJ, 08844 uses $85,859 cash to close to unlock $4,699/yr annual cash flow and $392/mo monthly cash flow. Total monthly income runs $2,238/mo, and a $1,268/mo payment keeps the spread at $392/mo. Purchase price stands at $259,000, and rental yield measures 10.37% with $2,238/mo rent. Return on cash invested shows 25.38% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 133.42% and total cumulative return in cash records $114,556. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,238/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Condo
Built in 1978
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: Cynthia Conshue • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3991653