60 Tracy DrFordsNJ08863
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
Rental property for sale in Fords at 60 Tracy Dr, Fords, NJ, 08863 priced at $650,000 pairs $4,637/mo rent with $4/mo cash flow after a $3,181/mo payment. Total monthly income equals $4,637/mo, and annual cash flow comes to $52/yr on $213,850 invested. Return on cash invested is 20.08% in year one, and rental yield stands at 8.56% on a $650,000 basis. Equity gained on principal adds $4,194/yr, and 5% annual appreciation accumulates to $179,583 by year five. Five-year ROI measures 105% and total cumulative return in cash reaches $224,534. For financing, Ziffy Mortgage’s DSCR program evaluates $4,637/mo property income against a $3,181/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
6,699 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: ALZIRA FARINHAS • RE/MAX INNOVATION
Mls Name: All Jersey MLS
Mls ID: #2609372R