169 Tarrington Rd #203HamburgNJ07419
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
Investment property for sale in Hamburg at 169 Tarrington Rd #203, Hamburg, NJ, 07419 offers a 10.3% rental yield on a $399,000 purchase with $3,425/mo rent. Total monthly income registers $3,425/mo, and a $1,953/mo payment leaves $581/mo available for distribution. Annual cash flow reaches $6,971/yr on $132,269 to close, and return on cash invested stands at 25.18% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 132.32% and total cumulative return in cash at $175,022. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,425/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07419, Hamburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 3,253 (74.4%) |
| Renter Occupied HU | 884 (20.2%) |
| Vacant Housing Units | 233 ( 5.3%) |
| Median Home Value | $359,972 |
| Average Home Value | $385,212 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,297
Multi-Family
4
Businesses
248
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Gonzales • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #4007788