152 Old Farm DrGreat MeadowsNJ07838
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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 Great Meadows at 152 Old Farm Dr, Great Meadows, NJ, 07838 earns from $2,064/mo rent with a $1,463/mo payment. Total monthly income totals $2,064/mo. ROI tracks 16.46% on current figures, and rental yield reads 8.28% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 86.56% and total cumulative return in cash sums $85,798. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,064/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$218 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 1,049 (79.7%) |
| Renter Occupied HU | 175 (13.3%) |
| Vacant Housing Units | 92 ( 7.0%) |
| Median Home Value | $452,429 |
| Average Home Value | $501,930 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
99
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Listed by: Perry Sessa • Re/Max Elite Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3959718
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