303 Cokesbury High Bridge Rd, Lebanon, NJ, 08833 | 6.62% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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303 Cokesbury High Bridge Rd, Lebanon, NJ, 08833 | 6.62% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lebanon at 303 Cokesbury High Bridge Rd, Lebanon, NJ, 08833 priced at $499,999 pairs $2,760/mo rent with after a $2,447/mo payment. Total monthly income equals $2,760/mo. Return on cash invested is 14.09% in year one, and rental yield stands at 6.62% on a $499,999 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 72.89% and total cumulative return in cash reaches $120,811. For financing, Ziffy Mortgage’s DSCR program evaluates $2,760/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1967

1.06 Acres lot

$N/A/sqft

No HOA

More details about the property

LOOKING FOR A RANCH HOME IN A QUIET AREA, LOOK NO FURTHER! This 3 bedroom, 1.5 bathroom adorable ranch-style home is ready for its new owners. Sitting on just over an acre of land, this home will feel warm and cozy from the minute you pull into the long driveway. It offers a large, private front yard and backyard. You'll pull up to an oversized, 2-car garage and step inside the front door to a cozy living room equipped with a wood-burning fireplace and large picture window. Just imagine the holidays being spent by the fire while that special holiday meal is being cooked in the adjacent, spacious kitchen. If the amount of cabinets in the kitchen doesn't wow you, then walk into the dining room/den where you will find more shelving and cabinets along with another cozy wood-burning fireplace. In the summer months, whether you are in the garage, dining room or kitchen, you will have access to the large backyard, patio and deck where you can entertain friends and relatives for cookouts and cocktails. Surrounded by beautiful, tall trees, you will feel like you are in the Pocono Mountains, yet schools, shopping, and the highways are all within just a few mins drive. Schedule your showing today!