2731 Mimosa Ct #2731Mays 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 2731 Mimosa Ct #2731, Mays Landing, NJ, 08330 listed at $164,000 pairs $1,311/mo rent with a $803/mo payment to leave $142/mo cash flow. Total monthly income runs $1,311/mo, and annual cash flow reaches $1,701/yr on $54,366 cash to close. Return on cash invested measures 23.04% in year one, and rental yield registers 9.59% at a $164,000 basis. Equity gained on principal adds $1,058/yr, and annual property appreciation at 5% supports $45,310 by year five. Five-year ROI tracks 120.86% and total cumulative return in cash totals $65,709. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,311/mo property income relative to a $803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A 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: AMY SULLIVAN • RE/MAX ATLANTIC
Mls Name: SJSRMLS
Mls ID: #597422