317 Mercer StPhillipsburgNJ08865
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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 Phillipsburg at 317 Mercer St, Phillipsburg, NJ, 08865 earns $527/mo cash flow from $1,675/mo rent with a $788/mo payment. Total monthly income totals $1,675/mo, and annual cash flow totals $6,329/yr on $53,368 capital. ROI tracks 31.77% on current figures, and rental yield reads 12.49% at a $160,990 purchase. Equity gained on principal adds $1,039/yr, and 5% annual appreciation supports $44,479 over five years. Five-year ROI reaches 167.72% and total cumulative return in cash sums $89,508. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,675/mo property income instead of your personal income.
Townhouse
Built in 1900
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08865, Phillipsburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,971 (100%) |
| Owner Occupied HU | 8,218 (58.8%) |
| Renter Occupied HU | 4,701 (33.6%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $297,026 |
| Average Home Value | $341,089 |
Housing Distribution
Address Breakdown
Residential
13,141
Single Family
12,639
Multi-Family
502
Businesses
908
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Listed by: Ralph Velez Jr. • Keller Williams Real Estate
Mls Name: GSMLS
Mls Provider:
Mls ID: #3957804
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