56 Old Highway 28Whitehouse StationNJ08889
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
Investment property for sale in Whitehouse Station at 56 Old Highway 28, Whitehouse Station, NJ, 08889 offers a 8.49% rental yield on a $550,000 purchase with $3,892/mo rent. 87% in year one. Equity gained on principal adds $3,549/yr while 5% annual appreciation supports $151,955 over five years. Portfolio math shows five-year ROI at 103.85% and total cumulative return in cash at $187,918. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,892/mo property income against a $2,692/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1850
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08889, Whitehouse Station, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,049 (100%) |
| Owner Occupied HU | 3,470 (85.7%) |
| Renter Occupied HU | 397 ( 9.8%) |
| Vacant Housing Units | 182 ( 4.5%) |
| Median Home Value | $583,944 |
| Average Home Value | $613,106 |
Housing Distribution
Address Breakdown
Residential
4,245
Single Family
4,128
Multi-Family
117
Businesses
280
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Lapp • Real of Pennsylvania
Mls Name: GLVR
Mls ID: #762376