166 Heron Ln #16-C166MarmoraNJ08223
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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 Marmora at 166 Heron Ln #16-C166, Marmora, NJ, 08223 earns $133/mo cash flow from $1,448/mo rent with a $903/mo payment. Total monthly income totals $1,448/mo, and annual cash flow totals $1,595/yr on $61,162 capital. ROI tracks 22.52% on current figures, and rental yield reads 9.42% at a $184,500 purchase. Equity gained on principal adds $1,191/yr, and 5% annual appreciation supports $50,974 over five years. Five-year ROI reaches 118.06% and total cumulative return in cash sums $72,206. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,448/mo property income instead of your personal income.
Manufactured
Built in 1988
2,240 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08223, Marmora, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,396 (69.2%) |
| Renter Occupied HU | 155 ( 7.7%) |
| Vacant Housing Units | 467 (23.1%) |
| Median Home Value | $474,247 |
| Average Home Value | $549,989 |
Housing Distribution
Address Breakdown
Residential
1,745
Single Family
1,745
Multi-Family
0
Businesses
307
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Listed by: Michele L. Watkins • COMPASS RE - Ocean City
Mls Name: CMCAOR
Mls Provider:
Mls ID: #251186
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