18 EASY DRIVEOak RidgeNJ07438
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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 Oak Ridge at 18 EASY DRIVE, Oak Ridge, NJ, 07438 priced at $150,000 pairs $1,500/mo rent with $431/mo cash flow after a $734/mo payment. Total monthly income equals $1,500/mo, and annual cash flow comes to $5,172/yr on $49,725 invested. Return on cash invested is 30.31% in year one, and rental yield stands at 12% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 159.82% and total cumulative return in cash reaches $79,470. For financing, Ziffy Mortgage’s DSCR program evaluates $1,500/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07438, Oak Ridge, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,377 (100%) |
| Owner Occupied HU | 3,700 (84.5%) |
| Renter Occupied HU | 445 (10.2%) |
| Vacant Housing Units | 232 ( 5.3%) |
| Median Home Value | $501,326 |
| Average Home Value | $517,297 |
Housing Distribution
Address Breakdown
Residential
4,272
Single Family
4,222
Multi-Family
50
Businesses
283
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Listed by: Nicolaus Juba • Juba Team Realty
Mls Name: GSMLS
Mls ID: #3996336