137 Merion WayHainesportNJ08036
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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
Rental property for sale in Hainesport at 137 Merion Way, Hainesport, NJ, 08036 priced at $525,000 converts $3,329/mo rent into after a $2,570/mo obligation. Total monthly income equals $3,329/mo. Return on cash invested prints 17.19% in year one, and rental yield reads 7.61% against a $525,000 entry. Equity gained on principal adds $3,388/yr, while 5% annual appreciation compiles into $145,048 by year five. Five-year ROI reaches 89.47% and total cumulative return in cash sums $154,533. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,329/mo property income covering a $2,570/mo payment, not borrower’s personal income.
Single Family
Built in 2003
6,934 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08036, Hainesport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,415 (100%) |
| Owner Occupied HU | 2,057 (85.2%) |
| Renter Occupied HU | 241 ( 10.0%) |
| Vacant Housing Units | 117 ( 4.8%) |
| Median Home Value | $497,658 |
| Average Home Value | $562,103 |
Housing Distribution
Address Breakdown
Residential
2,375
Single Family
2,374
Multi-Family
1
Businesses
338
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Listed by: Michael Lentz • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJBL2103322