57 Woodbine AveBudd LakeNJ07828
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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
Rental property for sale in Budd Lake at 57 Woodbine Ave, Budd Lake, NJ, 07828 priced at $388,123 pairs $2,762/mo rent with after a $1,900/mo payment. Total monthly income equals $2,762/mo. Return on cash invested is 19.86% in year one, and rental yield stands at 8.54% on a $388,123 basis. Equity gained on principal adds $2,505/yr, and 5% annual appreciation accumulates to $107,231 by year five. Five-year ROI measures 103.86% and total cumulative return in cash reaches $133,627. For financing, Ziffy Mortgage’s DSCR program evaluates $2,762/mo property income against a $1,900/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07828, Budd Lake, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,290 (100%) |
| Owner Occupied HU | 3,117 (49.6%) |
| Renter Occupied HU | 2,929 (46.6%) |
| Vacant Housing Units | 244 ( 3.9%) |
| Median Home Value | $530,689 |
| Average Home Value | $558,836 |
Housing Distribution
Address Breakdown
Residential
5,820
Single Family
5,820
Multi-Family
0
Businesses
290
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Listed by: Deborah Mcintosh • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3976873