616 Heath CtLambertvilleNJ08530
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 Lambertville at 616 Heath Ct, Lambertville, NJ, 08530 earns from $2,670/mo rent with a $4,405/mo payment. Total monthly income totals $2,670/mo. ROI tracks 4.88% on current figures, and rental yield reads 3.56% at a $900,000 purchase. Equity gained on principal adds $5,808/yr, and 5% annual appreciation supports $248,653 over five years. Five-year ROI reaches 23.46% and total cumulative return in cash sums $69,468. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,670/mo property income instead of your personal income.
Townhouse
Built in 2005
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08530, Lambertville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,682 (100%) |
| Owner Occupied HU | 2,560 (69.5%) |
| Renter Occupied HU | 882 (24.0%) |
| Vacant Housing Units | 240 ( 6.5%) |
| Median Home Value | $634,868 |
| Average Home Value | $688,356 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,314
Multi-Family
133
Businesses
465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Susan Puleo Pesot • Corcoran Sawyer Smith
Mls Name: GSMLS
Mls ID: #3994244