6 Central AvenueWhitingNJ08759
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
Investment property for sale in Whiting at 6 Central Avenue, Whiting, NJ, 08759 uses $79,527 cash to close to unlock $6,927/yr annual cash flow and $577/mo monthly cash flow. Total monthly income runs $2,435/mo, and a $1,174/mo payment keeps the spread at $577/mo. Purchase price stands at $239,900, and rental yield measures 12.18% with $2,435/mo rent. Return on cash invested shows 28.62% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 151.63% and total cumulative return in cash records $120,583. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,435/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1980
8,712 sqft lot
$N/A/sqft
$148 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,283 (100%) |
| Owner Occupied HU | 19,068 (81.9%) |
| Renter Occupied HU | 2,211 ( 9.5%) |
| Vacant Housing Units | 2,004 ( 8.6%) |
| Median Home Value | $231,529 |
| Average Home Value | $352,495 |
Housing Distribution
Address Breakdown
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lillian H Lehman • RE/MAX Central
Mls Name: MOMLS
Mls Provider:
Mls ID: #22423223
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.