326 E Washington AveMagnoliaNJ08049
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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
Rental property for sale in Magnolia at 326 E Washington Ave, Magnolia, NJ, 08049 generates $2,634/mo in rent and, after a $1,531/mo payment, leaves $404/mo in cash flow. Total monthly income is $2,634/mo, and annual cash flow is $4,853/yr on $103,693 invested. Return on cash invested sits at 24.59% in year one, and rental yield is 10.1% on a $312,800 entry. Equity gained on principal adds $2,018/yr, while 5% annual appreciation builds toward $86,421 over five years. Five-year ROI reaches 129.2% and total cumulative return in cash sums $133,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,634/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08049, Magnolia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,616 (72.1%) |
| Renter Occupied HU | 532 (23.7%) |
| Vacant Housing Units | 94 ( 4.2%) |
| Median Home Value | $271,498 |
| Average Home Value | $462,888 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,039
Multi-Family
153
Businesses
101
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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