17 Main StPort RepublicNJ08241
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 Port Republic at 17 Main St, Port Republic, NJ, 08241 with 5% annual appreciation on a $549,000 basis while $4,198/mo rent supports operations. Total monthly income totals $4,198/mo and a $2,687/mo payment preserves $285/mo for cash returns. Annual cash flow comes to $3,419/yr on $180,621 deployed, and return on cash invested reaches 21.95% in year one. Equity gained on principal adds $3,543/yr, and five-year appreciation sums $151,679 alongside rental yield of 9.18%. Five-year ROI measures 115% and total cumulative return in cash totals $207,716.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,198/mo property income versus a $2,687/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1830
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08241, Port Republic, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 472 (100%) |
| Owner Occupied HU | 402 (85.2%) |
| Renter Occupied HU | 28 ( 5.9%) |
| Vacant Housing Units | 42 ( 8.9%) |
| Median Home Value | $538,636 |
| Average Home Value | $534,932 |
Housing Distribution
Address Breakdown
Residential
424
Single Family
424
Multi-Family
0
Businesses
15
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Listed by: Felicia Finn • Century 21 Action Plus Realty - Toms River
Mls Name: Bright MLS
Mls ID: #NJAC2019350