662 Foothill RdBridgewaterNJ08807
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
Rental property for sale in Bridgewater at 662 Foothill Rd, Bridgewater, NJ, 08807 offers $4,675/mo rent that, after a $6,847/mo payment. Total monthly income is $4,675/mo. Return on cash invested measures 6.35% in year one, and rental yield stands at 4.01% at a $1,399,000 entry. Equity gained on principal adds $9,028/yr while 5% annual appreciation compounds into $386,518 by year five. Five-year ROI records 31.29% and total cumulative return in cash reaches $141,809. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,675/mo property income versus a $6,847/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
2.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08807, Bridgewater, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,318 (100%) |
| Owner Occupied HU | 11,407 (79.7%) |
| Renter Occupied HU | 2,455 (17.1%) |
| Vacant Housing Units | 456 ( 3.2%) |
| Median Home Value | $613,784 |
| Average Home Value | $658,061 |
Housing Distribution
Address Breakdown
Residential
14,437
Single Family
13,263
Multi-Family
1,174
Businesses
1,270
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Listed by: Mary C. Tafur • Jack Pedersen Realty
Mls Name: GSMLS
Mls ID: #4004724