31 Mulford RdLafayetteNJ07848
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
Investment property for sale in Lafayette at 31 Mulford Rd, Lafayette, NJ, 07848 at $525,000 posts ROI 25.31% with $756/mo cash flow from $4,600/mo rent. Total monthly income equals $4,600/mo, and annual cash flow records $9,067/yr on $172,725 to close. Return on cash invested measures 25.31% and rental yield reads 10.51% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 133.28% and total cumulative return in cash totals $230,205.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07848, Lafayette, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,860 (100%) |
| Owner Occupied HU | 1,552 (83.4%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 66 ( 3.5%) |
| Median Home Value | $475,159 |
| Average Home Value | $543,935 |
Housing Distribution
Address Breakdown
Residential
1,736
Single Family
1,736
Multi-Family
0
Businesses
177
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Nearby investment properties with comparable prices
Listed by: Raimonds Erins • Keller Williams Integrity
Mls Name: GSMLS
Mls Provider:
Mls ID: #3982616
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