4 Randall StPhillipsburgNJ08865
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 Phillipsburg at 4 Randall St, Phillipsburg, NJ, 08865 priced at $135,000 pairs $1,037/mo rent with $75/mo cash flow after a $661/mo payment. Total monthly income equals $1,037/mo, and annual cash flow comes to $894/yr on $44,753 invested. Return on cash invested is 21.91% in year one, and rental yield stands at 9.22% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 114.85% and total cumulative return in cash reaches $51,397. For financing, Ziffy Mortgage’s DSCR program evaluates $1,037/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1935
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08865, Phillipsburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,971 (100%) |
| Owner Occupied HU | 8,218 (58.8%) |
| Renter Occupied HU | 4,701 (33.6%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $297,026 |
| Average Home Value | $341,089 |
Housing Distribution
Address Breakdown
Residential
13,141
Single Family
12,639
Multi-Family
502
Businesses
908
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Howard E. Spencer 5th • Coldwell Banker Realty
Mls Name: GSMLS
Mls ID: #3979691