4 Marissa DriveNew EgyptNJ08533
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 New Egypt at 4 Marissa Drive, New Egypt, NJ, 08533 priced at $1,199,999 converts $4,150/mo rent into after a $5,873/mo obligation. Total monthly income equals $4,150/mo. Return on cash invested prints 6.78% in year one, and rental yield reads 4.15% against a $1,199,999 entry. Equity gained on principal adds $7,743/yr, while 5% annual appreciation compiles into $331,538 by year five. Five-year ROI reaches 33.6% and total cumulative return in cash sums $130,619. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,150/mo property income covering a $5,873/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08533, New Egypt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 2,419 (82.5%) |
| Renter Occupied HU | 357 (12.2%) |
| Vacant Housing Units | 157 ( 5.4%) |
| Median Home Value | $500,963 |
| Average Home Value | $619,790 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,784
Multi-Family
9
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brendan Pierce • Keller Williams Shore Properties
Mls Name: MoreMLS
Mls ID: #22602167