58 Harrison AveMilltownNJ08850
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
Total monthly income runs $3,577/mo, and a $2,785/mo payment. Purchase price stands at $569,000, and rental yield measures 7.54% with $3,577/mo rent. Return on cash invested shows 16.99% in year one, and 5% annual appreciation builds toward $157,204 over five years. Five-year ROI reaches 88.42% and total cumulative return in cash records $165,527. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,577/mo property income covering a $2,785/mo payment rather than investor’s personal income.
Single Family
Built in 1948
6,538 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08850, Milltown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,156 (100%) |
| Owner Occupied HU | 2,631 (83.4%) |
| Renter Occupied HU | 421 (13.3%) |
| Vacant Housing Units | 104 ( 3.3%) |
| Median Home Value | $495,554 |
| Average Home Value | $546,309 |
Housing Distribution
Address Breakdown
Residential
3,158
Single Family
3,146
Multi-Family
12
Businesses
314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FRANK CALANDRUCCIO • RE/MAX COUNTRY
Mls Name: All Jersey MLS
Mls ID: #2608916R