51 Sherwood PlSouthamptonNJ08088
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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 Southampton at 51 Sherwood Pl, Southampton, NJ, 08088 offers $2,640/mo rent that, after a $1,958/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 18% in year one, and rental yield stands at 7.92% at a $400,000 entry. Equity gained on principal adds $2,581/yr while 5% annual appreciation compounds into $110,513 by year five. Five-year ROI records 93.81% and total cumulative return in cash reaches $124,396. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $1,958/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08088, Vincentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 8,885 (88.5%) |
| Renter Occupied HU | 650 ( 6.5%) |
| Vacant Housing Units | 499 ( 5.0%) |
| Median Home Value | $415,640 |
| Average Home Value | $445,363 |
Housing Distribution
Address Breakdown
Residential
9,871
Single Family
9,845
Multi-Family
26
Businesses
445
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Listed by: John R. Wuertz • BHHS Fox & Roach-Mt Laurel
Mls Name: Bright MLS
Mls ID: #NJBL2101882