162 Holly StPort ReadingNJ07064
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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
Rental property for sale in Port Reading at 162 Holly St, Port Reading, NJ, 07064 priced at $599,900 pairs $3,179/mo rent with after a $2,936/mo payment. Total monthly income equals $3,179/mo. Return on cash invested is 13.39% in year one, and rental yield stands at 6.36% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 69.11% and total cumulative return in cash reaches $136,408. For financing, Ziffy Mortgage’s DSCR program evaluates $3,179/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07064, Port Reading, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,433 (100%) |
| Owner Occupied HU | 1,044 (72.9%) |
| Renter Occupied HU | 323 (22.5%) |
| Vacant Housing Units | 66 ( 4.6%) |
| Median Home Value | $475,499 |
| Average Home Value | $561,431 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,364
Multi-Family
77
Businesses
92
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Listed by: MALKIT SINGH • MJ HOMES REALTY, LLC.
Mls Name: All Jersey MLS
Mls ID: #2608617R