58 Irving CtMays LandingNJ08330
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 Mays Landing at 58 Irving Ct, Mays Landing, NJ, 08330 priced at $449,000 pairs $3,487/mo rent with $286/mo cash flow after a $2,198/mo payment. Total monthly income equals $3,487/mo, and annual cash flow comes to $3,435/yr on $148,844 invested. Return on cash invested is 22.22% in year one, and rental yield stands at 9.32% on a $449,000 basis. Equity gained on principal adds $2,897/yr, and 5% annual appreciation accumulates to $124,050 by year five. Five-year ROI measures 116.46% and total cumulative return in cash reaches $173,344. For financing, Ziffy Mortgage’s DSCR program evaluates $3,487/mo property income against a $2,198/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08330, Mays Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,586 (100%) |
| Owner Occupied HU | 8,619 (68.5%) |
| Renter Occupied HU | 3,374 (26.8%) |
| Vacant Housing Units | 593 ( 4.7%) |
| Median Home Value | $310,164 |
| Average Home Value | $340,602 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,375
Multi-Family
72
Businesses
640
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alexander Huffard • Keller Williams Realty - Atlantic Shore
Mls Name: Bright MLS
Mls ID: #NJAC2022524