620 Caribbean WayWilliamstownNJ08094
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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 Williamstown at 620 Caribbean Way, Williamstown, NJ, 08094 listed at $297,770 pairs $2,671/mo rent with a $1,457/mo payment to leave $549/mo cash flow. Total monthly income runs $2,671/mo, and annual cash flow reaches $6,588/yr on $98,711 cash to close. Return on cash invested measures 26.58% in year one, and rental yield registers 10.76% at a $297,770 basis. Equity gained on principal adds $1,921/yr, and annual property appreciation at 5% supports $82,268 by year five. Five-year ROI tracks 139.83% and total cumulative return in cash totals $138,032. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,671/mo property income relative to a $1,457/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08094, Williamstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 13,113 (77.5%) |
| Renter Occupied HU | 2,989 (17.7%) |
| Vacant Housing Units | 814 ( 4.8%) |
| Median Home Value | $338,345 |
| Average Home Value | $360,444 |
Housing Distribution
Address Breakdown
Residential
16,390
Single Family
15,137
Multi-Family
1,253
Businesses
776
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Listed by: Nancy Casey • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2059720