59 Meadowview DrAnnandaleNJ08801
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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 Annandale at 59 Meadowview Dr, Annandale, NJ, 08801 offers $2,610/mo rent that, after a $1,444/mo payment, leaves $112/mo cash flow. Total monthly income is $2,610/mo, and annual cash flow is $1,346/yr on $97,793 cash. Return on cash invested measures 21.29% in year one, and rental yield stands at 10.62% at a $295,000 entry. Equity gained on principal adds $1,904/yr while 5% annual appreciation compounds into $81,503 by year five. Five-year ROI records 113.25% and total cumulative return in cash reaches $110,750. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,610/mo property income versus a $1,444/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1986
N/A lot
$N/A/sqft
$395 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08801, Annandale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,124 (100%) |
| Owner Occupied HU | 2,573 (82.4%) |
| Renter Occupied HU | 378 (12.1%) |
| Vacant Housing Units | 173 ( 5.5%) |
| Median Home Value | $589,510 |
| Average Home Value | $604,422 |
Housing Distribution
Address Breakdown
Residential
3,155
Single Family
3,155
Multi-Family
0
Businesses
160
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Listed by: Michael Spinetta • Bhhs Fox & Roach
Mls Name: GSMLS
Mls Provider:
Mls ID: #3974416
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