407 Penwell RdPort MurrayNJ07865
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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 Port Murray at 407 Penwell Rd, Port Murray, NJ, 07865 offers a 12.16% rental yield on a $162,300 purchase with $1,645/mo rent. Total monthly income registers $1,645/mo, and a $794/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,697/yr on $53,802 to close, and return on cash invested stands at 28.64% in year one. Equity gained on principal adds $1,047/yr while 5% annual appreciation supports $44,841 over five years. Portfolio math shows five-year ROI at 151.74% and total cumulative return in cash at $81,640. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,645/mo property income against a $794/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07865, Port Murray, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,228 (100%) |
| Owner Occupied HU | 998 (81.3%) |
| Renter Occupied HU | 119 ( 9.7%) |
| Vacant Housing Units | 111 ( 9.0%) |
| Median Home Value | $446,897 |
| Average Home Value | $501,864 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
57
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