602 Autumn Crest DrWaterford WorksNJ08089
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 Waterford Works at 602 Autumn Crest Dr, Waterford Works, NJ, 08089 priced at $399,900 converts $3,193/mo rent into $343/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,193/mo, and annual cash flow totals $4,115/yr on $132,567 invested. Return on cash invested prints 23.01% in year one, and rental yield reads 9.58% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 120.71% and total cumulative return in cash sums $160,016. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,193/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08089, Waterford Works, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,333 (81.3%) |
| Renter Occupied HU | 222 (13.5%) |
| Vacant Housing Units | 85 ( 5.2%) |
| Median Home Value | $339,968 |
| Average Home Value | $422,907 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,463
Multi-Family
46
Businesses
88
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Listed by: Dave Birnbaum • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJCD2098186