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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mays Landing at 1542 Hamilton Ct #242, Mays Landing, NJ, 08330 listed at $249,000 pairs $2,375/mo rent with a $1,219/mo payment to leave $600/mo cash flow. Total monthly income runs $2,375/mo, and annual cash flow reaches $7,199/yr on $82,544 cash to close. Return on cash invested measures 28.63% in year one, and rental yield registers 11.45% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 150.82% and total cumulative return in cash totals $124,496. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,375/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
| 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 |
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
Date | Event | Price |
|---|---|---|
| 2024-08-12 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Storage
Listed by: Catherine Colfver • BALSLEY/LOSCO
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #587970
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. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
