C9 E Avon DrHightstownNJ08520
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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 $1,502/mo, and a $1,101/mo payment. Purchase price stands at $225,000, and rental yield measures 8.01% with $1,502/mo rent. Return on cash invested shows 18.28% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 95.35% and total cumulative return in cash records $71,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08520, Hightstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,591 (100%) |
| Owner Occupied HU | 7,394 (63.8%) |
| Renter Occupied HU | 3,694 (31.9%) |
| Vacant Housing Units | 503 ( 4.3%) |
| Median Home Value | $427,988 |
| Average Home Value | $464,908 |
Housing Distribution
Address Breakdown
Residential
10,863
Single Family
10,018
Multi-Family
845
Businesses
786
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Listed by: Anthony Ballina • Fathom Realty NJ, LLC
Mls Name: Bright MLS
Mls ID: #NJME2070322