246 Plum DriveMarlboroNJ07746
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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
Investment property for sale in Marlboro at 246 Plum Drive, Marlboro, NJ, 07746 offers a 9.18% rental yield on a $529,800 purchase with $4,054/mo rent. Total monthly income registers $4,054/mo, and a $2,593/mo payment leaves $278/mo available for distribution. Annual cash flow reaches $3,333/yr on $174,304 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $3,419/yr while 5% annual appreciation supports $146,374 over five years. Portfolio math shows five-year ROI at 115.12% and total cumulative return in cash at $200,656. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,054/mo property income against a $2,593/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07746, Marlboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,558 (100%) |
| Owner Occupied HU | 6,082 (92.7%) |
| Renter Occupied HU | 287 ( 4.4%) |
| Vacant Housing Units | 189 ( 2.9%) |
| Median Home Value | $773,390 |
| Average Home Value | $805,590 |
Housing Distribution
Address Breakdown
Residential
6,343
Single Family
6,343
Multi-Family
0
Businesses
534
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Listed by: Brian Teitel • Berkshire Hathaway HomeServices Fox & Roach - Manalapan
Mls Name: MoreMLS
Mls ID: #22600864