240 Huntington DrSouthamptonNJ08088
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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 Southampton at 240 Huntington Dr, Southampton, NJ, 08088 priced at $335,000 pairs $2,976/mo rent with $588/mo cash flow after a $1,640/mo payment. Total monthly income equals $2,976/mo, and annual cash flow comes to $7,054/yr on $111,053 invested. Return on cash invested is 26.26% in year one, and rental yield stands at 10.66% on a $335,000 basis. Equity gained on principal adds $2,162/yr, and 5% annual appreciation accumulates to $92,554 by year five. Five-year ROI measures 138.14% and total cumulative return in cash reaches $153,404. For financing, Ziffy Mortgage’s DSCR program evaluates $2,976/mo property income against a $1,640/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08088, Vincentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 8,885 (88.5%) |
| Renter Occupied HU | 650 ( 6.5%) |
| Vacant Housing Units | 499 ( 5.0%) |
| Median Home Value | $415,640 |
| Average Home Value | $445,363 |
Housing Distribution
Address Breakdown
Residential
9,871
Single Family
9,845
Multi-Family
26
Businesses
445
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Listed by: Sue Miller • Alloway Associates Inc
Mls Name: Bright MLS
Mls ID: #NJBL2097382