4826 Paddock StMays LandingNJ08330
INVESTMENT ANALYSIS
Investment Verdict
Solid Income4826 Paddock St, Mays Landing, NJ, 08330 in Mays Landing is a solid income-producing rental, 9.36% gross yield, $3,391/mo rent, $291/mo net cash flow on a $434,900 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $120,155 and $4,005/yr in principal reduction project a total cumulative return of $185,410.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 4.2% |
| Monthly Cash Flow | $291 | $850 |
City averages based on Mays Landing market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,391 |
| Total Monthly Debt Service | $2,927 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1978
4.86 Acres 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 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
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
Single Family
Built in 1978
4.86 Acres 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 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ms. Mary Farrell • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJAC2020050