61 and 63 W Main StClintonNJ08809
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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 Clinton at 61 and 63 W Main St, Clinton, NJ, 08809 offers a 5.25% rental yield on a $575,000 purchase with $2,514/mo rent. 01% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 50.97% and total cumulative return in cash at $96,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,514/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1890
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08809, Clinton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 1,741 (67.0%) |
| Renter Occupied HU | 730 (28.1%) |
| Vacant Housing Units | 127 ( 4.9%) |
| Median Home Value | $447,167 |
| Average Home Value | $460,139 |
Housing Distribution
Address Breakdown
Residential
2,400
Single Family
2,400
Multi-Family
0
Businesses
490
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Listed by: Michael Gleason • Weichert Realtors
Mls Name: GSMLS
Mls ID: #4002635