617 Route 579, Pittstown, NJ, 08867 | 7.83% Rental Yield

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617 Route 579, Pittstown, NJ, 08867 | 7.83% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pittstown at 617 Route 579, Pittstown, NJ, 08867 offers a 7.83% rental yield on a $589,000 purchase with $3,841/mo rent. 85% in year one. Equity gained on principal adds $3,801/yr while 5% annual appreciation supports $162,730 over five years. Portfolio math shows five-year ROI at 93% and total cumulative return in cash at $180,218. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,841/mo property income against a $2,883/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1981

4 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Acorn Acres! Nestled on a private lane, this wooded 4 acre property offers serene views from every window. Built in 1981 and thoughtfully renovated by the original owners in 2006, the home now features a spacious primary suite with walk-in closet, two pedestal basins and large shower stall bath and the convenience of a first floor laundry room. The inviting living room boasts a bay window for natural light, a bright eat-in kitchen with Corian counters, butcher block cook's table and separate dining room area. The family room addition provides extra space for gatherings, with its beautiful wood cathedral ceiling, plenty of windows and pellet stove with thermostat which opens to a delightful deck, perfect for morning coffee. Two additional bedrooms, deep hall linen closet and updated hall bath complete the first floor. Basement includes two additional storage areas, wood stove with blowers to the living room and a handy staircase to garage. Hot water baseboard heat to keep you warm all winter and a newer central air system for cooling during the warmer months. The oversized two car garage includes backyard access. Outside, you'll find mature trees, perennial gardens and peaceful, natural surroundings. With beauty, privacy and thoughtful renovations, Acorn Acres is ready to welcome you home.