554 Old Beaver Dam RdNewportNJ08345
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 Newport at 554 Old Beaver Dam Rd, Newport, NJ, 08345 offers $1,969/mo rent that, after a $783/mo payment, leaves $829/mo cash flow. Total monthly income is $1,969/mo, and annual cash flow is $9,947/yr on $53,007 cash. Return on cash invested measures 38.67% in year one, and rental yield stands at 14.78% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 204.69% and total cumulative return in cash reaches $108,498. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,969/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08345, Newport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 420 (100%) |
| Owner Occupied HU | 262 (62.4%) |
| Renter Occupied HU | 50 (11.9%) |
| Vacant Housing Units | 108 (25.7%) |
| Median Home Value | $195,238 |
| Average Home Value | $300,153 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
325
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christina Calvo • GenStone Realty LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027610