524 Meadowyck LnVincentownNJ08088
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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 Vincentown at 524 Meadowyck Ln, Vincentown, NJ, 08088 priced at $618,000 converts $4,075/mo rent into after a $3,025/mo obligation. Total monthly income equals $4,075/mo. Return on cash invested prints 18.11% in year one, and rental yield reads 7.91% against a $618,000 entry. Equity gained on principal adds $3,988/yr, while 5% annual appreciation compiles into $170,742 by year five. Five-year ROI reaches 94.41% and total cumulative return in cash sums $191,951. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,075/mo property income covering a $3,025/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.00 Acres 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: Daniel Williamson • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2098278