105 W Washington AveMagnoliaNJ08049
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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 Magnolia at 105 W Washington Ave, Magnolia, NJ, 08049 earns from $2,070/mo rent with a $2,080/mo payment. Total monthly income totals $2,070/mo. ROI tracks 11.74% on current figures, and rental yield reads 5.85% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 60.28% and total cumulative return in cash sums $84,909. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,070/mo property income instead of your personal income.
Single Family
Built in N/A
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08049, Magnolia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,616 (72.1%) |
| Renter Occupied HU | 532 (23.7%) |
| Vacant Housing Units | 94 ( 4.2%) |
| Median Home Value | $271,498 |
| Average Home Value | $462,888 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,039
Multi-Family
153
Businesses
101
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Nearby investment properties with comparable prices
Listed by: Justin Kelly • OMNI Real Estate Professionals
Mls Name: Bright MLS
Mls ID: #NJCD2108720