9 Mill StStocktonNJ08559
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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 Stockton at 9 Mill St, Stockton, NJ, 08559 generates $5,176/mo in rent, after a $3,666/mo payment. Total monthly income is $5,176/mo. Return on cash invested sits at 19.27% in year one, and rental yield is 8.29% on a $749,000 entry. Equity gained on principal adds $4,833/yr, while 5% annual appreciation builds toward $206,935 over five years. Five-year ROI reaches 100.62% and total cumulative return in cash sums $247,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,176/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08559, Stockton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,150 (100%) |
| Owner Occupied HU | 1,729 (80.4%) |
| Renter Occupied HU | 261 (12.1%) |
| Vacant Housing Units | 160 ( 7.4%) |
| Median Home Value | $637,278 |
| Average Home Value | $714,663 |
Housing Distribution
Address Breakdown
Residential
2,036
Single Family
2,036
Multi-Family
0
Businesses
70
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Listed by: Cynthia Shoemaker-Zerrer • Callaway Henderson Sotheby's Int'l-Lambertville
Mls Name: Bright MLS
Mls ID: #NJHT2004210