510 Johnson PlMagnoliaNJ08049
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
Investment Highlights
Investment property for sale in Magnolia at 510 Johnson Pl, Magnolia, NJ, 08049 earns $108/mo cash flow from $2,603/mo rent with a $1,713/mo payment. Total monthly income totals $2,603/mo, and annual cash flow totals $1,300/yr on $116,025 capital. ROI tracks 21.03% on current figures, and rental yield reads 8.92% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 110.1% and total cumulative return in cash sums $127,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,603/mo property income instead of your personal income.
Single Family
Built in 1955
8,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08049, Magnolia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,616 (72.1%) |
| Renter Occupied HU | 532 (23.7%) |
| Vacant Housing Units | 94 ( 4.2%) |
| Median Home Value | $271,498 |
| Average Home Value | $462,888 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,039
Multi-Family
153
Businesses
101
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joseph DeLio • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2107542