313 W Quail DrMarmoraNJ08223
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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
Total monthly income runs $2,703/mo, and a $1,953/mo payment. Purchase price stands at $399,000, and rental yield measures 8.13% with $2,703/mo rent. Return on cash invested shows 18.63% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 97.21% and total cumulative return in cash records $128,582. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,703/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08223, Marmora, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,018 (100%) |
| Owner Occupied HU | 1,396 (69.2%) |
| Renter Occupied HU | 155 ( 7.7%) |
| Vacant Housing Units | 467 (23.1%) |
| Median Home Value | $474,247 |
| Average Home Value | $549,989 |
Housing Distribution
Address Breakdown
Residential
1,745
Single Family
1,745
Multi-Family
0
Businesses
307
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Listed by: Michael Burns • BURNS PROPERTY GROUP
Mls Name: CMCAOR
Mls Provider:
Mls ID: #240308
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