54 Churchill BoulevardNew EgyptNJ08533
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
Rental property for sale in New Egypt at 54 Churchill Boulevard, New Egypt, NJ, 08533 priced at $610,000 converts $3,982/mo rent into after a $2,986/mo obligation. Total monthly income equals $3,982/mo. Return on cash invested prints 17.87% in year one, and rental yield reads 7.83% against a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation compiles into $168,532 by year five. Five-year ROI reaches 93.11% and total cumulative return in cash sums $186,871. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,982/mo property income covering a $2,986/mo payment, not borrower’s personal income.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08533, New Egypt, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,933 (100%) |
| Owner Occupied HU | 2,419 (82.5%) |
| Renter Occupied HU | 357 (12.2%) |
| Vacant Housing Units | 157 ( 5.4%) |
| Median Home Value | $500,963 |
| Average Home Value | $619,790 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,784
Multi-Family
9
Businesses
133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony J Gonzalez • Redfin Corporation
Mls Name: MoreMLS
Mls ID: #22602015