260 Marshall Mill Rd #117MalagaNJ08328
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 260 Marshall Mill Rd #117, Malaga, NJ, 08328 in Malaga worth modelling. At $129,000 with a 9.51% gross yield, the $1,022/mo rent leaves $103/mo after the $580/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.76 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $35,640 by year five; $1,188/yr in principal reduction adds further equity. Total projected return: $56,052.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $103 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,022 |
| Total Monthly Debt Service | $868 |
| DSCR Ratio | 1.18x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Mashburn • EXIT Realty Defined
Mls Name: Bright MLS
Mls ID: #NJGL2068542