134 Meadows RdLafayetteNJ07848
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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
Investment property for sale in Lafayette at 134 Meadows Rd, Lafayette, NJ, 07848 offers a 8.85% rental yield on a $719,000 purchase with $5,300/mo rent. Total monthly income registers $5,300/mo, and a $3,519/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,103/yr on $236,551 to close, and return on cash invested stands at 20.95% in year one. Equity gained on principal adds $4,640/yr while 5% annual appreciation supports $198,646 over five years. Portfolio math shows five-year ROI at 109.64% and total cumulative return in cash at $259,349. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,300/mo property income against a $3,519/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
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Listed by: Ashley Canty • Keller Williams Integrity
Mls Name: GSMLS
Mls ID: #4006847