315 N 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
Investment property for sale in Marmora at 315 N Quail Dr, Marmora, NJ, 08223 offers a 9.11% rental yield on a $595,000 purchase with $4,517/mo rent. Total monthly income registers $4,517/mo, and a $2,912/mo payment leaves $276/mo available for distribution. Annual cash flow reaches $3,314/yr on $195,755 to close, and return on cash invested stands at 21.75% in year one. Equity gained on principal adds $3,839/yr while 5% annual appreciation supports $164,388 over five years. Portfolio math shows five-year ROI at 113.95% and total cumulative return in cash at $223,070. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,517/mo property income against a $2,912/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.52 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: Burton Wilkins • GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
Mls Name: CMCAOR
Mls ID: #252556