260 Marshall Mill Rd #117MalagaNJ08328
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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 Malaga at 260 Marshall Mill Rd #117, Malaga, NJ, 08328 listed at $129,000 pairs $1,022/mo rent with a $631/mo payment to leave $103/mo cash flow. Total monthly income runs $1,022/mo, and annual cash flow reaches $1,235/yr on $42,764 cash to close. Return on cash invested measures 22.8% in year one, and rental yield registers 9.51% at a $129,000 basis. Equity gained on principal adds $832/yr, and annual property appreciation at 5% supports $35,640 by year five. Five-year ROI tracks 119.57% and total cumulative return in cash totals $51,133. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,022/mo property income relative to a $631/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08328, Malaga, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 626 (100%) |
| Owner Occupied HU | 470 (75.1%) |
| Renter Occupied HU | 116 (18.5%) |
| Vacant Housing Units | 40 ( 6.4%) |
| Median Home Value | $382,759 |
| Average Home Value | $405,340 |
Housing Distribution
Address Breakdown
Residential
465
Single Family
465
Multi-Family
0
Businesses
71
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Listed by: Jessica Mashburn • EXIT Realty Defined
Mls Name: Bright MLS
Mls ID: #NJGL2068542