587 Ellis PlWoodbridgeNJ07095
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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 Woodbridge at 587 Ellis Pl, Woodbridge, NJ, 07095 with 5% annual appreciation on a $363,850 basis while $2,426/mo rent supports operations. 24% in year one. Equity gained on principal adds $2,348/yr, and five-year appreciation sums $100,525 alongside rental yield of 8%. Five-year ROI measures 95.16% and total cumulative return in cash totals $114,774. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,426/mo property income versus a $1,781/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1941
2,509 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07095, Woodbridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,218 (100%) |
| Owner Occupied HU | 4,599 (49.9%) |
| Renter Occupied HU | 4,044 (43.9%) |
| Vacant Housing Units | 575 ( 6.2%) |
| Median Home Value | $448,125 |
| Average Home Value | $483,766 |
Housing Distribution
Address Breakdown
Residential
8,914
Single Family
6,970
Multi-Family
1,944
Businesses
1,073
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Listed by: ROBERT S. GOLDEN • RE/MAX SELECT
Mls Name: All Jersey MLS
Mls ID: #2660873M