96 Wick DrFordsNJ08863
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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 Fords at 96 Wick Dr, Fords, NJ, 08863 listed at $480,000 pairs $3,529/mo rent with a $2,349/mo payment to leave $108/mo cash flow. Total monthly income runs $3,529/mo, and annual cash flow reaches $1,296/yr on $159,120 cash to close. Return on cash invested measures 20.72% in year one, and rental yield registers 8.82% at a $480,000 basis. Equity gained on principal adds $3,097/yr, and annual property appreciation at 5% supports $132,615 by year five. Five-year ROI tracks 108.43% and total cumulative return in cash totals $172,541. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,529/mo property income relative to a $2,349/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08863, Fords, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,779 (100%) |
| Owner Occupied HU | 3,208 (67.1%) |
| Renter Occupied HU | 1,399 (29.3%) |
| Vacant Housing Units | 172 ( 3.6%) |
| Median Home Value | $460,987 |
| Average Home Value | $501,607 |
Housing Distribution
Address Breakdown
Residential
4,707
Single Family
3,786
Multi-Family
921
Businesses
286
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Listed by: SCOTT D. STEPHENSON • SERHANT NEW JERSEY LLC
Mls Name: All Jersey MLS
Mls ID: #2607700R