1516 33rd StMays 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 1516 33rd St, Mays Landing, NJ, 08330 uses $59,339 cash to close to unlock $1,623/yr annual cash flow and $135/mo monthly cash flow. Total monthly income runs $1,411/mo, and a $876/mo payment keeps the spread at $135/mo. Purchase price stands at $179,000, and rental yield measures 9.46% with $1,411/mo rent. Return on cash invested shows 22.64% in year one, and 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 118.77% and total cumulative return in cash records $70,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,411/mo property income covering a $876/mo payment rather than investor’s personal income.
Single Family
Built in 1956
4.75 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: Kenneth Flannery • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJAC2021784