177 Route519PhillipsburgNJ08865
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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 Phillipsburg at 177 Route519, Phillipsburg, NJ, 08865 offers a 9.22% rental yield on a $199,000 purchase with $1,529/mo rent. Total monthly income registers $1,529/mo, and a $974/mo payment leaves $111/mo available for distribution. Annual cash flow reaches $1,327/yr on $65,969 to close, and return on cash invested stands at 21.92% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 114.9% and total cumulative return in cash at $75,798. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,529/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1800
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08865, Phillipsburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,971 (100%) |
| Owner Occupied HU | 8,218 (58.8%) |
| Renter Occupied HU | 4,701 (33.6%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $297,026 |
| Average Home Value | $341,089 |
Housing Distribution
Address Breakdown
Residential
13,141
Single Family
12,639
Multi-Family
502
Businesses
908
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Listed by: Nicole Levine • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3990407