645 Cricket LnWoodbridgeNJ07095
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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 Woodbridge at 645 Cricket Ln, Woodbridge, NJ, 07095 offers a 9.59% rental yield on a $299,000 purchase with $2,390/mo rent. Total monthly income registers $2,390/mo, and a $1,463/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,111/yr on $99,119 to close, and return on cash invested stands at 23.05% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 120.94% and total cumulative return in cash at $119,878. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,390/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07095, Woodbridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,218 (100%) |
| Owner Occupied HU | 4,599 (49.9%) |
| Renter Occupied HU | 4,044 (43.9%) |
| Vacant Housing Units | 575 ( 6.2%) |
| Median Home Value | $448,125 |
| Average Home Value | $483,766 |
Housing Distribution
Address Breakdown
Residential
8,914
Single Family
6,970
Multi-Family
1,944
Businesses
1,073
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Listed by: EILEEN BRYLINSKI • J.J. ELEK REALTY CO.
Mls Name: All Jersey MLS
Mls ID: #2605749R