2619 Durango CtMays LandingNJ08330
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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 Mays Landing at 2619 Durango Ct, Mays Landing, NJ, 08330 uses $82,875 cash to close to unlock $4,688/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $2,173/mo, and a $1,224/mo payment keeps the spread at $391/mo. Purchase price stands at $250,000, and rental yield measures 10.43% with $2,173/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 134.43% and total cumulative return in cash records $111,406. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,173/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Townhouse
Built in 1988
667 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,619 (68.5%) |
| Renter Occupied HU | 3,374 (26.8%) |
| Vacant Housing Units | 593 ( 4.7%) |
| Median Home Value | $310,164 |
| Average Home Value | $340,602 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
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Listed by: Dana Smith • C-21 Atlantic Professional Realty
Mls Name: Bright MLS
Mls ID: #NJAC2021650