16 Inman RoadNew EgyptNJ08533
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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
Investment Highlights
Rental property for sale in New Egypt at 16 Inman Road, New Egypt, NJ, 08533 priced at $410,000 pairs $3,310/mo rent with $387/mo cash flow after a $2,007/mo payment. Total monthly income equals $3,310/mo, and annual cash flow comes to $4,648/yr on $135,915 invested. Return on cash invested is 23.33% in year one, and rental yield stands at 9.69% on a $410,000 basis. Equity gained on principal adds $2,646/yr, and 5% annual appreciation accumulates to $113,275 by year five. Five-year ROI measures 122.43% and total cumulative return in cash reaches $166,403. For financing, Ziffy Mortgage’s DSCR program evaluates $3,310/mo property income against a $2,007/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08533, New Egypt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 2,419 (82.5%) |
| Renter Occupied HU | 357 (12.2%) |
| Vacant Housing Units | 157 ( 5.4%) |
| Median Home Value | $500,963 |
| Average Home Value | $619,790 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,784
Multi-Family
9
Businesses
133
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Listed by: Karen Vanechanos • Redfin Corporation
Mls Name: MOMLS
Mls Provider:
Mls ID: #22523666
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.