1402 Journey AvenueMarlboroNJ07746
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1402 Journey Avenue, Marlboro, NJ, 07746 in Marlboro carries a 1.50 coverage ratio, rent of $6,324/mo is 1.50 times the $4,227/mo payment. Rental yield 8.07%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $939,999 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $259,704; total projected cumulative return: $322,975.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.1% | 6.2% |
| Monthly Cash Flow | $(594) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $6,324 |
| Total Monthly Debt Service | $6,544 |
| DSCR Ratio | 0.97x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2025
3,049 sqft 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
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
Condo
Built in 2025
3,049 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Rapaport • Realty One Group Central
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22619620
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.