266 Passaic AveThorofareNJ08086
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
Rental property for sale in Thorofare at 266 Passaic Ave, Thorofare, NJ, 08086 generates $1,695/mo in rent, after a $1,223/mo payment. Total monthly income is $1,695/mo. Return on cash invested sits at 18.66% in year one, and rental yield is 8.14% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 97.37% and total cumulative return in cash sums $80,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,695/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08086, Thorofare, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 2,516 (65.6%) |
| Renter Occupied HU | 1,175 (30.6%) |
| Vacant Housing Units | 146 ( 3.8%) |
| Median Home Value | $317,546 |
| Average Home Value | $332,405 |
Housing Distribution
Address Breakdown
Residential
3,766
Single Family
3,491
Multi-Family
275
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Belko • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJGL2058230