183 Old Farm DrGreat MeadowsNJ07838
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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 Great Meadows at 183 Old Farm Dr, Great Meadows, NJ, 07838 with 5% annual appreciation on a $330,000 basis while $2,147/mo rent supports operations. 27% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,173 alongside rental yield of 7.81%. Five-year ROI measures 80.04% and total cumulative return in cash totals $87,563. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,147/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
N/A lot
$N/A/sqft
$218 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07838, Great Meadows, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,316 (100%) |
| Owner Occupied HU | 1,049 (79.7%) |
| Renter Occupied HU | 175 (13.3%) |
| Vacant Housing Units | 92 ( 7.0%) |
| Median Home Value | $452,429 |
| Average Home Value | $501,930 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
99
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Listed by: Wendy Dejneka • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3929604
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