383 Montgomery DrMantuaNJ08051
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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
Rental property for sale in Mantua at 383 Montgomery Dr, Mantua, NJ, 08051 priced at $275,000 pairs $1,891/mo rent with after a $1,346/mo payment. Total monthly income equals $1,891/mo. Return on cash invested is 19% in year one, and rental yield stands at 8.25% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 99.2% and total cumulative return in cash reaches $90,431. For financing, Ziffy Mortgage’s DSCR program evaluates $1,891/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08051, Mantua, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,870 (100%) |
| Owner Occupied HU | 3,695 (75.9%) |
| Renter Occupied HU | 973 (20.0%) |
| Vacant Housing Units | 202 ( 4.1%) |
| Median Home Value | $344,542 |
| Average Home Value | $364,183 |
Housing Distribution
Address Breakdown
Residential
4,695
Single Family
4,695
Multi-Family
0
Businesses
169
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Listed by: Bani LaRiche • RE/MAX Preferred - Sewell
Mls Name: Bright MLS
Mls ID: #NJGL2065410