50 Hope RdMount TaborNJ07878
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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 Mount Tabor at 50 Hope Rd, Mount Tabor, NJ, 07878 offers a 9.49% rental yield on a $580,000 purchase with $4,588/mo rent. Total monthly income registers $4,588/mo, and a $2,839/mo payment leaves $454/mo available for distribution. Annual cash flow reaches $5,444/yr on $190,820 to close, and return on cash invested stands at 22.91% in year one. Equity gained on principal adds $3,743/yr while 5% annual appreciation supports $160,243 over five years. Portfolio math shows five-year ROI at 120.17% and total cumulative return in cash at $229,305. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,588/mo property income against a $2,839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07878, Mount Tabor, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 319 (86.7%) |
| Renter Occupied HU | 31 ( 8.4%) |
| Vacant Housing Units | 18 ( 4.9%) |
| Median Home Value | $490,187 |
| Average Home Value | $535,188 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
44
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Listed by: David P Wainwright • Re/Max Select
Mls Name: GSMLS
Mls ID: #3999388