147 Clarks Landing RdPort RepublicNJ08241
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeReliable, bankable, and well-priced, 147 Clarks Landing Rd, Port Republic, NJ, 08241 in Port Republic delivers $3,648/mo in gross rent and $512/mo in net monthly income at a $439,900 entry. The 9.95% yield and 1.84 DSCR make it a clean candidate for Ziffy Mortgage's DSCR loan; no W-2s or U.S. credit history required. With 5% annual appreciation projecting $121,536 over five years and $4,052/yr in equity from loan paydown, total projected return is $201,608.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $512 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,648 |
| Total Monthly Debt Service | $2,961 |
| DSCR Ratio | 1.23x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08241, Port Republic, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 472 (100%) |
| Owner Occupied HU | 402 (85.2%) |
| Renter Occupied HU | 28 ( 5.9%) |
| Vacant Housing Units | 42 ( 8.9%) |
| Median Home Value | $538,636 |
| Average Home Value | $534,932 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
15
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
Single Family
Built in N/A
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08241, Port Republic, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 472 (100%) |
| Owner Occupied HU | 402 (85.2%) |
| Renter Occupied HU | 28 ( 5.9%) |
| Vacant Housing Units | 42 ( 8.9%) |
| Median Home Value | $538,636 |
| Average Home Value | $534,932 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
15
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CHRISTINE ECKER MASKER • LONG and FOSTER REAL ESTATE INC-Ocean City, 9th St
Mls Name: SJSRMLS
Mls ID: #604360