1306 Journey AvenueMarlboroNJ07746
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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
Total monthly income runs $4,200/mo, and a $4,667/mo payment. Purchase price stands at $953,455, and rental yield measures 5.29% with $4,200/mo rent. Return on cash invested shows 9.29% in year one, and 5% annual appreciation builds toward $263,422 over five years. Five-year ROI reaches 47.43% and total cumulative return in cash records $148,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,200/mo property income covering a $4,667/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
34 Acres lot
$N/A/sqft
$218 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07746, Marlboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,558 (100%) |
| Owner Occupied HU | 6,082 (92.7%) |
| Renter Occupied HU | 287 ( 4.4%) |
| Vacant Housing Units | 189 ( 2.9%) |
| Median Home Value | $773,390 |
| Average Home Value | $805,590 |
Housing Distribution
Address Breakdown
Residential
6,343
Single Family
6,343
Multi-Family
0
Businesses
534
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Listed by: Debra A Glatz • Lennar Sales Corp.
Mls Name: MOMLS
Mls Provider:
Mls ID: #22435853
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.