538 Vail RdLandingNJ07850
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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 Landing at 538 Vail Rd, Landing, NJ, 07850 priced at $458,000 converts $0/mo rent into after a $2,242/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.9% in year one, and rental yield reads 0% against a $458,000 entry. Equity gained on principal adds $2,955/yr, while 5% annual appreciation compiles into $126,537 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $2,242/mo payment, not borrower’s personal income.
Single Family
Built in 1970
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07850, Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,531 (100%) |
| Owner Occupied HU | 1,903 (75.2%) |
| Renter Occupied HU | 505 (20.0%) |
| Vacant Housing Units | 123 ( 4.9%) |
| Median Home Value | $431,478 |
| Average Home Value | $563,791 |
Housing Distribution
Address Breakdown
Residential
2,510
Single Family
2,490
Multi-Family
20
Businesses
159
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No similar rental properties found nearby.
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Listed by: Michelle Slinger • Re/Max Heritage Properties
Mls Name: GSMLS
Mls ID: #4003225