244 Rosewood Ln, Port Reading, NJ, 07064 | 8.51% Rental Yield

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244 Rosewood Ln, Port Reading, NJ, 07064 | 8.51% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Port Reading at 244 Rosewood Ln, Port Reading, NJ, 07064 with 5% annual appreciation on a $599,999 basis while $4,256/mo rent supports operations. 93% in year one. Equity gained on principal adds $3,872/yr, and five-year appreciation sums $165,769 alongside rental yield of 8.51%. Five-year ROI measures 104.17% and total cumulative return in cash totals $205,631. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,256/mo property income versus a $2,937/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1961

7,501 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 244 Rosewood Lane in Port Reading, NJ! This well-cared-for single-family home offers a smart and spacious layout across three levels. The ground level includes a welcoming foyer, bedroom, den or home office, and a half bathroom. The main level features a bright living room, dining area, and an updated kitchen designed for everyday convenience. On the second level, you'll find 2 additional bedrooms and a full bathroom. The home is equipped with solar panels that keep electric costs to a minimum. Set on a 7,500 sq ft lot, the property provides a front and backyard, paved patio area, and fire pit . Other highlights include an attached one-car garage and a private driveway. Located close to shopping centers, schools, sports facilities, and major highways, this home offers comfort, efficiency, and a great location for everyday living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 07064, Port Reading, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,433 (100%)
Owner Occupied HU	1,044 (72.9%)
Renter Occupied HU	323 (22.5%)
Vacant Housing Units	66 ( 4.6%)
Median Home Value	$475,499
Average Home Value	$561,431