2123 Rhododendron CtMays LandingNJ08330
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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 Mays Landing at 2123 Rhododendron Ct, Mays Landing, NJ, 08330 listed at $199,900 pairs $1,563/mo rent with a $978/mo payment to leave $139/mo cash flow. Total monthly income runs $1,563/mo, and annual cash flow reaches $1,663/yr on $66,267 cash to close. Return on cash invested measures 22.42% in year one, and rental yield registers 9.38% at a $199,900 basis. Equity gained on principal adds $1,290/yr, and annual property appreciation at 5% supports $55,229 by year five. Five-year ROI tracks 117.56% and total cumulative return in cash totals $77,905. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,563/mo property income relative to a $978/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,619 (68.5%) |
| Renter Occupied HU | 3,374 (26.8%) |
| Vacant Housing Units | 593 ( 4.7%) |
| Median Home Value | $310,164 |
| Average Home Value | $340,602 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
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Listed by: Maria DiVentura-Cronin • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJAC2020556