LOT 615 1.01 CarteretWestvilleNJ08093
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Westville at LOT 615 1.01 Carteret, Westville, NJ, 08093 earns from $1,800/mo rent with a $2,579/mo payment. Total monthly income totals $1,800/mo. ROI tracks 6.52% on current figures, and rental yield reads 4.1% at a $526,900 purchase. Equity gained on principal adds $3,400/yr, and 5% annual appreciation supports $145,573 over five years. Five-year ROI reaches 32.28% and total cumulative return in cash sums $55,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,800/mo property income instead of your personal income.
Single Family
Built in 2026
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08093, Westville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,462 (100%) |
| Owner Occupied HU | 2,542 (57.0%) |
| Renter Occupied HU | 1,611 (36.1%) |
| Vacant Housing Units | 309 ( 6.9%) |
| Median Home Value | $246,851 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,242
Single Family
3,998
Multi-Family
244
Businesses
330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Josh Adams • Daystar Realty LLC
Mls Name: Bright MLS
Mls ID: #NJGL2061780