1943 West BlvdMalagaNJ08328
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 Malaga at 1943 West Blvd, Malaga, NJ, 08328 offers a 10.36% rental yield on a $375,000 purchase with $3,239/mo rent. Total monthly income registers $3,239/mo, and a $1,835/mo payment leaves $567/mo available for distribution. Annual cash flow reaches $6,798/yr on $124,313 to close, and return on cash invested stands at 25.38% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 133.41% and total cumulative return in cash at $165,843. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,239/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08328, Malaga, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 470 (75.1%) |
| Renter Occupied HU | 116 (18.5%) |
| Vacant Housing Units | 40 ( 6.4%) |
| Median Home Value | $382,759 |
| Average Home Value | $405,340 |
Housing Distribution
Address Breakdown
Residential
465
Single Family
465
Multi-Family
0
Businesses
71
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Drew Conlin • Society
Mls Name: Bright MLS
Mls ID: #NJGL2067684