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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mays Landing at 107 Merlino Ln, Mays Landing, NJ, 08330 generates $2,834/mo in rent, after a $2,056/mo payment. Total monthly income is $2,834/mo. Return on cash invested sits at 18.53% in year one, and rental yield is 8.1% on a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 96.67% and total cumulative return in cash sums $134,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,834/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,619 (68.5%) |
| Renter Occupied HU | 3,374 (26.8%) |
| Vacant Housing Units | 593 ( 4.7%) |
| Median Home Value | $310,164 |
| Average Home Value | $340,602 |
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $420,000 |
| 2020-05-29 | Sold | $266,000 |
| 2020-01-16 | Price change | $268,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $6076.30 | N/A | $177,100 | N/A |
| 2023-03-31 | N/A | N/A | $177,100 | N/A |
| 2022-03-31 | N/A | N/A | $177,100 | 3.69% |
What's Special
Storage
Listed by: Matthew Haviland, Sres • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594674
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
