579 Foothill RdBridgewaterNJ08807
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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 Bridgewater at 579 Foothill Rd, Bridgewater, NJ, 08807 priced at $487,500 converts $4,472/mo rent into $997/mo cash flow after a $2,386/mo obligation. Total monthly income equals $4,472/mo, and annual cash flow totals $11,967/yr on $161,606 invested. Return on cash invested prints 27.31% in year one, and rental yield reads 11.01% against a $487,500 entry. Equity gained on principal adds $3,146/yr, while 5% annual appreciation compiles into $134,687 by year five. Five-year ROI reaches 143.81% and total cumulative return in cash sums $232,399. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,472/mo property income covering a $2,386/mo payment, not borrower’s personal income.
Single Family
Built in 1953
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08807, Bridgewater, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,318 (100%) |
| Owner Occupied HU | 11,407 (79.7%) |
| Renter Occupied HU | 2,455 (17.1%) |
| Vacant Housing Units | 456 ( 3.2%) |
| Median Home Value | $613,784 |
| Average Home Value | $658,061 |
Housing Distribution
Address Breakdown
Residential
14,437
Single Family
13,263
Multi-Family
1,174
Businesses
1,270
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