248 Route 40 LOT D10NewfieldNJ08344
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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
Rental property for sale in Newfield at 248 Route 40 LOT D10, Newfield, NJ, 08344 generates $774/mo in rent and, after a $489/mo payment, leaves $62/mo in cash flow. Total monthly income is $774/mo, and annual cash flow is $740/yr on $33,150 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 9.29% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 116.07% and total cumulative return in cash sums $38,476. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $774/mo property income rather than buyer’s personal income.
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
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Listed by: Jason Myers • Collini Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #NJSA2017562