2 Shippen RdgOxfordNJ07863
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 Oxford at 2 Shippen Rdg, Oxford, NJ, 07863 at $389,900 posts ROI 28.09% with $881/mo cash flow from $3,846/mo rent. Total monthly income equals $3,846/mo, and annual cash flow records $10,576/yr on $129,252 to close. Return on cash invested measures 28.09% and rental yield reads 11.84% at the current $389,900. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 by year five. Five-year ROI prints 148.59% and total cumulative return in cash totals $192,061.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,846/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1997
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07863, Oxford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,823 (100%) |
| Owner Occupied HU | 1,461 (80.1%) |
| Renter Occupied HU | 224 (12.3%) |
| Vacant Housing Units | 138 ( 7.6%) |
| Median Home Value | $342,288 |
| Average Home Value | $375,447 |
Housing Distribution
Address Breakdown
Residential
1,627
Single Family
1,627
Multi-Family
0
Businesses
76
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Clark • Weichert Realtors
Mls Name: GSMLS
Mls Provider:
Mls ID: #3925346
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.