45 Fox StPhillipsburgNJ08865
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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
Rental property for sale in Phillipsburg at 45 Fox St, Phillipsburg, NJ, 08865 priced at $399,000 converts $2,032/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,032/mo. Return on cash invested prints 12.54% in year one, and rental yield reads 6.11% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 64.56% and total cumulative return in cash sums $85,394. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,032/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
871.20 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
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Listed by: Artur Tyszka • Keller Williams Prosperity Realty
Mls Name: GSMLS
Mls ID: #4002864