9 Beavers StHigh BridgeNJ08829
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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 High Bridge at 9 Beavers St, High Bridge, NJ, 08829 uses $148,844 cash to close to unlock $2,406/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $3,457/mo, and a $2,198/mo payment keeps the spread at $200/mo. Purchase price stands at $449,000, and rental yield measures 9.24% with $3,457/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 112.91% and total cumulative return in cash records $168,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,457/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Multi Family
Built in 1922
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08829, High Bridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,527 (100%) |
| Owner Occupied HU | 1,203 (78.8%) |
| Renter Occupied HU | 230 (15.1%) |
| Vacant Housing Units | 94 ( 6.2%) |
| Median Home Value | $346,416 |
| Average Home Value | $365,669 |
Housing Distribution
Address Breakdown
Residential
1,516
Single Family
1,516
Multi-Family
0
Businesses
82
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Listed by: Juan Carlos Jijon Reza • Premier Homes
Mls Name: GSMLS
Mls Provider:
Mls ID: #3971391
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