59 Douglas StFordsNJ08863
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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 Fords at 59 Douglas St, Fords, NJ, 08863 earns $775/mo cash flow from $3,163/mo rent with a $1,640/mo payment. Total monthly income totals $3,163/mo, and annual cash flow totals $9,298/yr on $111,053 capital. ROI tracks 28.28% on current figures, and rental yield reads 11.33% at a $335,000 purchase. Equity gained on principal adds $2,162/yr, and 5% annual appreciation supports $92,554 over five years. Five-year ROI reaches 148.97% and total cumulative return in cash sums $165,440. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,163/mo property income instead of your personal income.
Single Family
Built in 1905
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: PEGGY YANUZZELLI • C21 CHARLES SMITH AGENCY, INC
Mls Name: All Jersey MLS
Mls ID: #2603697R