246 Main AveAveNJ07980
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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 Ave at 246 Main Ave, Ave, NJ, 07980 listed at $835,000 pairs $4,668/mo rent with a $4,087/mo payment. Total monthly income runs $4,668/mo. Return on cash invested measures 14.45% in year one, and rental yield registers 6.71% at a $835,000 basis. Equity gained on principal adds $5,388/yr, and annual property appreciation at 5% supports $230,695 by year five. Five-year ROI tracks 74.79% and total cumulative return in cash totals $205,468. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,668/mo property income relative to a $4,087/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07980, Stirling, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 888 (100%) |
| Owner Occupied HU | 656 (73.9%) |
| Renter Occupied HU | 209 (23.5%) |
| Vacant Housing Units | 23 ( 2.6%) |
| Median Home Value | $670,821 |
| Average Home Value | $720,846 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
840
Multi-Family
57
Businesses
145
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Listed by: Jack Qizhan Yao • Realmart Realty
Mls Name: GSMLS
Mls ID: #3972887