11 Borelle SqParlinNJ08859
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
Rental property for sale in Parlin at 11 Borelle Sq, Parlin, NJ, 08859 priced at $496,500 converts $3,571/mo rent into $32/mo cash flow after a $2,430/mo obligation. Total monthly income equals $3,571/mo, and annual cash flow totals $386/yr on $164,590 invested. Return on cash invested prints 20.14% in year one, and rental yield reads 8.63% against a $496,500 entry. Equity gained on principal adds $3,204/yr, while 5% annual appreciation compiles into $137,174 by year five. Five-year ROI reaches 105.35% and total cumulative return in cash sums $173,389. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,571/mo property income covering a $2,430/mo payment, not borrower’s personal income.
Townhouse
Built in 1984
1,298 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08859, Parlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,494 (100%) |
| Owner Occupied HU | 5,514 (58.1%) |
| Renter Occupied HU | 3,570 (37.6%) |
| Vacant Housing Units | 410 ( 4.3%) |
| Median Home Value | $478,704 |
| Average Home Value | $541,004 |
Housing Distribution
Address Breakdown
Residential
9,233
Single Family
8,841
Multi-Family
392
Businesses
428
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JAMES ROBINSON • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2609076R