53 Chambers StPhillipsburgNJ08865
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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 Phillipsburg at 53 Chambers St, Phillipsburg, NJ, 08865 generates $4,622/mo in rent and, after a $1,041/mo payment, leaves $2,669/mo in cash flow. Total monthly income is $4,622/mo, and annual cash flow is $32,029/yr on $70,510 invested. Return on cash invested sits at 65.33% in year one, and rental yield is 26.08% on a $212,700 entry. Equity gained on principal adds $1,373/yr, while 5% annual appreciation builds toward $58,765 over five years. Five-year ROI reaches 350.42% and total cumulative return in cash sums $247,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08865, Phillipsburg, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,971 (100%) |
| Owner Occupied HU | 8,218 (58.8%) |
| Renter Occupied HU | 4,701 (33.6%) |
| Vacant Housing Units | 1,052 ( 7.5%) |
| Median Home Value | $297,026 |
| Average Home Value | $341,089 |
Housing Distribution
Address Breakdown
Residential
13,141
Single Family
12,639
Multi-Family
502
Businesses
908
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