722 Virgin Island DrWilliamstownNJ08094
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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
Rental property for sale in Williamstown at 722 Virgin Island Dr, Williamstown, NJ, 08094 priced at $319,900 converts $2,888/mo rent into $608/mo cash flow after a $1,566/mo obligation. Total monthly income equals $2,888/mo, and annual cash flow totals $7,291/yr on $106,047 invested. Return on cash invested prints 26.78% in year one, and rental yield reads 10.83% against a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation compiles into $88,382 by year five. Five-year ROI reaches 140.96% and total cumulative return in cash sums $149,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,888/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1994
4,250 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: Loretta DeMay • Impact Realty Group LLC
Mls Name: Bright MLS
Mls ID: #NJGL2066652