703 Washington AveWoodburyNJ08096
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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 Woodbury at 703 Washington Ave, Woodbury, NJ, 08096 listed at $259,000 pairs $2,648/mo rent with a $1,268/mo payment to leave $802/mo cash flow. Total monthly income runs $2,648/mo, and annual cash flow reaches $9,619/yr on $85,859 cash to close. Return on cash invested measures 31.11% in year one, and rental yield registers 12.27% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 164.19% and total cumulative return in cash totals $140,968. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,648/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08096, Woodbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 10,628 (67.5%) |
| Renter Occupied HU | 4,199 (26.7%) |
| Vacant Housing Units | 917 ( 5.8%) |
| Median Home Value | $320,360 |
| Average Home Value | $345,177 |
Housing Distribution
Address Breakdown
Residential
14,505
Single Family
13,752
Multi-Family
753
Businesses
1,272
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Listed by: Rose Simila • Home and Heart Realty
Mls Name: Bright MLS
Mls ID: #NJGL2061836