239 Alpine WayLaurence HarborNJ08879
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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 Laurence Harbor at 239 Alpine Way, Laurence Harbor, NJ, 08879 priced at $325,000 pairs $2,531/mo rent with $214/mo cash flow after a $1,591/mo payment. Total monthly income equals $2,531/mo, and annual cash flow comes to $2,570/yr on $107,738 invested. Return on cash invested is 22.29% in year one, and rental yield stands at 9.35% on a $325,000 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,792 by year five. Five-year ROI measures 116.9% and total cumulative return in cash reaches $125,941. For financing, Ziffy Mortgage’s DSCR program evaluates $2,531/mo property income against a $1,591/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
1,400 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
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Listed by: JIMMY TESSIER • RE/MAX FIRST REALTY II
Mls Name: All Jersey MLS
Mls ID: #2607484R