341 Concetta DrMount RoyalNJ08061
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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 Mount Royal at 341 Concetta Dr, Mount Royal, NJ, 08061 uses $129,252 cash to close to unlock $6,639/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $3,332/mo, and a $1,908/mo payment keeps the spread at $553/mo. Purchase price stands at $389,900, and rental yield measures 10.25% with $3,332/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 131.64% and total cumulative return in cash records $170,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,332/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
3,210 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08061, Mount Royal, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,380 (100%) |
| Owner Occupied HU | 1,208 (87.5%) |
| Renter Occupied HU | 143 (10.4%) |
| Vacant Housing Units | 29 ( 2.1%) |
| Median Home Value | $412,945 |
| Average Home Value | $444,298 |
Housing Distribution
Address Breakdown
Residential
1,203
Single Family
1,203
Multi-Family
0
Businesses
30
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Listed by: Dawn Proto • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2067866