38 Sheffield PlSouthamptonNJ08088
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
Rental property for sale in Southampton at 38 Sheffield Pl, Southampton, NJ, 08088 priced at $300,000 pairs $2,704/mo rent with $566/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,704/mo, and annual cash flow comes to $6,792/yr on $99,450 invested. Return on cash invested is 26.74% in year one, and rental yield stands at 10.82% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 140.69% and total cumulative return in cash reaches $139,920. For financing, Ziffy Mortgage’s DSCR program evaluates $2,704/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08088, Vincentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 8,885 (88.5%) |
| Renter Occupied HU | 650 ( 6.5%) |
| Vacant Housing Units | 499 ( 5.0%) |
| Median Home Value | $415,640 |
| Average Home Value | $445,363 |
Housing Distribution
Address Breakdown
Residential
9,871
Single Family
9,845
Multi-Family
26
Businesses
445
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Garey • Weichert Realtors-Medford
Mls Name: Bright MLS
Mls ID: #NJBL2091966