330 Chambers 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 330 Chambers St, Phillipsburg, NJ, 08865 with 5% annual appreciation on a $289,000 basis while $2,234/mo rent supports operations. Total monthly income totals $2,234/mo and a $1,415/mo payment preserves $174/mo for cash returns. Annual cash flow comes to $2,083/yr on $95,804 deployed, and return on cash invested reaches 22.08% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 9.28%. Five-year ROI measures 115.75% and total cumulative return in cash totals $110,894.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,234/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
3,484 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: Sherry Vivona • Weichert Realtors
Mls Name: GSMLS
Mls ID: #3990270