9 Preston DrMillstone TownshipNJ08535
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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
Total monthly income runs $4,916/mo, and a $6,975/mo payment. Purchase price stands at $1,425,000, and rental yield measures 4.14% with $4,916/mo rent. Return on cash invested shows 6.75% in year one, and 5% annual appreciation builds toward $393,701 over five years. Five-year ROI reaches 33.42% and total cumulative return in cash records $154,304. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,916/mo property income covering a $6,975/mo payment rather than investor’s personal income.
Single Family
Built in 1997
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08535, Perrineville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,609 (100%) |
| Owner Occupied HU | 1,480 (92.0%) |
| Renter Occupied HU | 78 ( 4.8%) |
| Vacant Housing Units | 51 ( 3.2%) |
| Median Home Value | $850,548 |
| Average Home Value | $878,221 |
Housing Distribution
Address Breakdown
Residential
1,716
Single Family
1,716
Multi-Family
0
Businesses
186
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Listed by: Stefanie Prettyman • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJMM2003980