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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Mays Landing at 2728 Mimosa Ct, Mays Landing, NJ, 08330 generates $1,402/mo in rent and, after a $856/mo payment, leaves $155/mo in cash flow. Total monthly income is $1,402/mo, and annual cash flow is $1,865/yr on $57,979 invested. Return on cash invested sits at 23.13% in year one, and rental yield is 9.62% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 121.37% and total cumulative return in cash sums $70,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,402/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
| 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 |
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michele Jackson • Platinum Real Estate
Mls Name: Bright MLS
Mls ID: #NJAC2022026
