246 New Jersey AveVillasNJ08251
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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
Total monthly income runs $3,280/mo, and a $3,670/mo payment. Purchase price stands at $749,900, and rental yield measures 5.25% with $3,280/mo rent. Return on cash invested shows 10.02% in year one, and 5% annual appreciation builds toward $207,184 over five years. Five-year ROI reaches 51.02% and total cumulative return in cash records $125,878. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,280/mo property income covering a $3,670/mo payment rather than investor’s personal income.
Single Family
Built in 2023
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08251, Villas, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,477 (100%) |
| Owner Occupied HU | 3,461 (53.4%) |
| Renter Occupied HU | 832 (12.8%) |
| Vacant Housing Units | 2,184 (33.7%) |
| Median Home Value | $365,842 |
| Average Home Value | $440,472 |
Housing Distribution
Address Breakdown
Residential
5,043
Single Family
5,043
Multi-Family
0
Businesses
127
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Listed by: Theresa L. Senico, ABR,GRI,SRES • deSatnick Real Estate LLC - Lower Township
Mls Name: CMCAOR
Mls ID: #252893