24 Sundance WayPhillipsburgNJ08865
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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 Phillipsburg at 24 Sundance Way, Phillipsburg, NJ, 08865 with 5% annual appreciation on a $339,900 basis while $2,594/mo rent supports operations. Total monthly income totals $2,594/mo and a $1,664/mo payment preserves $171/mo for cash returns. Annual cash flow comes to $2,051/yr on $112,677 deployed, and return on cash invested reaches 21.73% in year one. Equity gained on principal adds $2,193/yr, and five-year appreciation sums $93,908 alongside rental yield of 9.16%. Five-year ROI measures 113.84% and total cumulative return in cash totals $128,267.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,594/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2004
1,742 sqft 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
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Listed by: Thomas Peterson • Re/Max Platinum Group
Mls Name: GSMLS
Mls ID: #3999540