38 Meadow CirMays LandingNJ08330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mays Landing at 38 Meadow Cir, Mays Landing, NJ, 08330 listed at $429,900 pairs $3,347/mo rent with a $2,104/mo payment to leave $283/mo cash flow. Total monthly income runs $3,347/mo, and annual cash flow reaches $3,395/yr on $142,512 cash to close. Return on cash invested measures 22.29% in year one, and rental yield registers 9.34% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 116.84% and total cumulative return in cash totals $166,507. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,347/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2007
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,619 (68.5%) |
| Renter Occupied HU | 3,374 (26.8%) |
| Vacant Housing Units | 593 ( 4.7%) |
| Median Home Value | $310,164 |
| Average Home Value | $340,602 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MEGHAN LINDSEY • RE/MAX ATLANTIC
Mls Name: SJSRMLS
Mls ID: #604134