2 Covered Bridge LnLebanonNJ08833
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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 Lebanon at 2 Covered Bridge Ln, Lebanon, NJ, 08833 priced at $1,099,000 pairs $6,400/mo rent with after a $5,379/mo payment. Total monthly income equals $6,400/mo. Return on cash invested is 15.03% in year one, and rental yield stands at 6.99% on a $1,099,000 basis. Equity gained on principal adds $7,092/yr, and 5% annual appreciation accumulates to $303,633 by year five. Five-year ROI measures 78.05% and total cumulative return in cash reaches $277,902. For financing, Ziffy Mortgage’s DSCR program evaluates $6,400/mo property income against a $5,379/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2012
3.30 Acres lot
$N/A/sqft
$150 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Lisa Ellis • Coldwell Banker Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3924000
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