39 Edith PlMine HillNJ07803
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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 Mine Hill at 39 Edith Pl, Mine Hill, NJ, 07803 offers a 8.45% rental yield on a $375,000 purchase with $2,641/mo rent. 6% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 102.45% and total cumulative return in cash at $127,359. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,641/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07803, Mine Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,559 (100%) |
| Owner Occupied HU | 1,327 (85.1%) |
| Renter Occupied HU | 198 (12.7%) |
| Vacant Housing Units | 34 ( 2.2%) |
| Median Home Value | $435,732 |
| Average Home Value | $614,286 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,417
Multi-Family
57
Businesses
81
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Listed by: Melissa N Bevacqua • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #3981115