227 New Jersey AveFortescueNJ08321
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 Fortescue at 227 New Jersey Ave, Fortescue, NJ, 08321 priced at $200,000 pairs $1,433/mo rent with $7/mo cash flow after a $979/mo payment. Total monthly income equals $1,433/mo, and annual cash flow comes to $88/yr on $66,300 invested. Return on cash invested is 20.04% in year one, and rental yield stands at 8.6% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 104.83% and total cumulative return in cash reaches $69,500. For financing, Ziffy Mortgage’s DSCR program evaluates $1,433/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08321, Fortescue, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 238 (100%) |
| Owner Occupied HU | 91 (38.2%) |
| Renter Occupied HU | 13 ( 5.5%) |
| Vacant Housing Units | 134 (56.3%) |
| Median Home Value | $254,464 |
| Average Home Value | $316,429 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: John Epifanio • PREMIER NJ REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #582577
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.