773 W Jersey AveWoodbury HeightsNJ08097
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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 Woodbury Heights at 773 W Jersey Ave, Woodbury Heights, NJ, 08097 offers $4,018/mo rent that, after a $2,043/mo payment, leaves $1,043/mo cash flow. Total monthly income is $4,018/mo, and annual cash flow is $12,511/yr on $138,401 cash. Return on cash invested measures 28.95% in year one, and rental yield stands at 11.55% at a $417,500 entry. Equity gained on principal adds $2,694/yr while 5% annual appreciation compounds into $115,348 by year five. Five-year ROI records 152.56% and total cumulative return in cash reaches $211,142. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,018/mo property income versus a $2,043/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08097, Woodbury Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,176 (100%) |
| Owner Occupied HU | 994 (84.5%) |
| Renter Occupied HU | 111 ( 9.4%) |
| Vacant Housing Units | 71 ( 6.0%) |
| Median Home Value | $328,344 |
| Average Home Value | $340,742 |
Housing Distribution
Address Breakdown
Residential
1,169
Single Family
1,169
Multi-Family
0
Businesses
125
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Listed by: KEICHA MURIEL-BARRETO • Garden State Properties Group - Merchantville
Mls Name: Bright MLS
Mls ID: #NJGL2067670