1 Castle RdShamongNJ08088
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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 Shamong at 1 Castle Rd, Shamong, NJ, 08088 generates $4,243/mo in rent and, after a $2,447/mo payment, leaves $680/mo in cash flow. Total monthly income is $4,243/mo, and annual cash flow is $8,155/yr on $165,717 invested. Return on cash invested sits at 24.83% in year one, and rental yield is 10.19% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 130.47% and total cumulative return in cash sums $216,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,243/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
0.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08088, Vincentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 8,885 (88.5%) |
| Renter Occupied HU | 650 ( 6.5%) |
| Vacant Housing Units | 499 ( 5.0%) |
| Median Home Value | $415,640 |
| Average Home Value | $445,363 |
Housing Distribution
Address Breakdown
Residential
9,871
Single Family
9,845
Multi-Family
26
Businesses
445
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Listed by: Michelle Gavio • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2090800