42 Ernst Ct, Mays Landing, NJ, 08330 | 6.87% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,862/mo, and a $2,447/mo payment. Purchase price stands at $499,900, and rental yield measures 6.87% with $2,862/mo rent. Return on cash invested shows 14.83% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 76.84% and total cumulative return in cash records $127,332. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,862/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in 2012

6,970 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,586 (100%)
Owner Occupied HU	8,619 (68.5%)
Renter Occupied HU	3,374 (26.8%)
Vacant Housing Units	593 ( 4.7%)
Median Home Value	$310,164
Average Home Value	$340,602