1614 Star AveVillasNJ08251
Nearby investment properties with comparable rents
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 Villas at 1614 Star Ave, Villas, NJ, 08251 generates $2,328/mo in rent, after a $1,933/mo payment. Total monthly income is $2,328/mo. Return on cash invested sits at 15.44% in year one, and rental yield is 7.07% on a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 80.12% and total cumulative return in cash sums $104,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,328/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
5,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08251, Villas, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,477 (100%) |
| Owner Occupied HU | 3,461 (53.4%) |
| Renter Occupied HU | 832 (12.8%) |
| Vacant Housing Units | 2,184 (33.7%) |
| Median Home Value | $365,842 |
| Average Home Value | $440,472 |
Housing Distribution
Address Breakdown
Residential
5,043
Single Family
5,043
Multi-Family
0
Businesses
127
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Gipple, RSPS, ABR, SRS • COASTLINE REALTY, LLC
Mls Name: CMCAOR
Mls ID: #253459