210 Corliss AvePhillipsburgNJ08865
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
Rental property for sale in Phillipsburg at 210 Corliss Ave, Phillipsburg, NJ, 08865 offers $3,510/mo rent that, after a $3,304/mo payment. Total monthly income is $3,510/mo. Return on cash invested measures 13.03% in year one, and rental yield stands at 6.24% at a $674,999 entry. Equity gained on principal adds $4,356/yr while 5% annual appreciation compounds into $186,490 by year five. Five-year ROI records 67.16% and total cumulative return in cash reaches $149,138. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,510/mo property income versus a $3,304/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08865, Phillipsburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,971 (100%) |
| Owner Occupied HU | 8,218 (58.8%) |
| Renter Occupied HU | 4,701 (33.6%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $297,026 |
| Average Home Value | $341,089 |
Housing Distribution
Address Breakdown
Residential
13,141
Single Family
12,639
Multi-Family
502
Businesses
908
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: PUNEETPAL SINGH • HALO REALTY
Mls Name: All Jersey MLS
Mls ID: #2607143R