39 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 39 Sheffield Pl, Southampton, NJ, 08088 priced at $310,000 pairs $2,446/mo rent with $237/mo cash flow after a $1,517/mo payment. Total monthly income equals $2,446/mo, and annual cash flow comes to $2,840/yr on $102,765 invested. Return on cash invested is 22.67% in year one, and rental yield stands at 9.47% on a $310,000 basis. Equity gained on principal adds $2,000/yr, and 5% annual appreciation accumulates to $85,647 by year five. Five-year ROI measures 118.9% and total cumulative return in cash reaches $122,191. For financing, Ziffy Mortgage’s DSCR program evaluates $2,446/mo property income against a $1,517/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1971
5,166 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
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Nearby investment properties with comparable prices
Listed by: Carol Shorman • Alloway Associates Inc
Mls Name: Bright MLS
Mls ID: #NJBL2094524