34 Morgan DrClaytonNJ08312
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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 Clayton at 34 Morgan Dr, Clayton, NJ, 08312 uses $165,717 cash to close to unlock $3,319/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $3,840/mo, and a $2,447/mo payment keeps the spread at $277/mo. Purchase price stands at $499,900, and rental yield measures 9.22% with $3,840/mo rent. Return on cash invested shows 21.91% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 114.81% and total cumulative return in cash records $190,260. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1995
9,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08312, Clayton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,335 (100%) |
| Owner Occupied HU | 2,385 (71.5%) |
| Renter Occupied HU | 771 (23.1%) |
| Vacant Housing Units | 179 ( 5.4%) |
| Median Home Value | $284,907 |
| Average Home Value | $297,345 |
Housing Distribution
Address Breakdown
Residential
3,195
Single Family
3,055
Multi-Family
140
Businesses
167
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Listed by: Sharita Rivera • Rivera Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2065708