587 Linden AveWoodbridgeNJ07095
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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 Linden Ave, Woodbridge, NJ, 07095 uses $155,772 cash to close to unlock $9,631/yr annual cash flow and $803/mo monthly cash flow. Total monthly income runs $4,152/mo, and a $2,300/mo payment keeps the spread at $803/mo. Purchase price stands at $469,900, and rental yield measures 10.6% with $4,152/mo rent. Return on cash invested shows 26.09% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 137.23% and total cumulative return in cash records $213,770. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,152/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,869 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: MELISSA HADDAD • EXP REALTY, LLC
Mls Name: All Jersey MLS
Mls ID: #2603089R