260 Marshall Mill Rd UNIT 146MalagaNJ08328
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
Investment Highlights
Investment property for sale in Malaga at 260 Marshall Mill Rd UNIT 146, Malaga, NJ, 08328 offers a 9.49% rental yield on a $124,900 purchase with $988/mo rent. Total monthly income registers $988/mo, and a $611/mo payment leaves $98/mo available for distribution. Annual cash flow reaches $1,177/yr on $41,404 to close, and return on cash invested stands at 22.75% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 119.43% and total cumulative return in cash at $49,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $988/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1983
3,000 sqft 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: Rosalie Hadulias • Keller Williams Realty - Atlantic Shore
Mls Name: Bright MLS
Mls ID: #NJGL2067224