150 Rainbow DrMays LandingNJ08330
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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 Mays Landing at 150 Rainbow Dr, Mays Landing, NJ, 08330 with 5% annual appreciation on a $424,500 basis while $3,733/mo rent supports operations. Total monthly income totals $3,733/mo and a $2,078/mo payment preserves $707/mo for cash returns. Annual cash flow comes to $8,483/yr on $140,722 deployed, and return on cash invested reaches 25.94% in year one. Equity gained on principal adds $2,739/yr, and five-year appreciation sums $117,282 alongside rental yield of 10.55%. Five-year ROI measures 136.4% and total cumulative return in cash totals $191,944.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,733/mo property income versus a $2,078/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,619 (68.5%) |
| Renter Occupied HU | 3,374 (26.8%) |
| Vacant Housing Units | 593 ( 4.7%) |
| Median Home Value | $310,164 |
| Average Home Value | $340,602 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
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Listed by: Linda Falzani • RE/MAX ATLANTIC
Mls Name: SJSRMLS
Mls ID: #598127