615 Greenwood AveLaurence HarborNJ08879
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
Investment property for sale in Laurence Harbor at 615 Greenwood Ave, Laurence Harbor, NJ, 08879 at $350,000 posts ROI 23.63% with $359/mo cash flow from $2,854/mo rent. Total monthly income equals $2,854/mo, and annual cash flow records $4,312/yr on $116,025 to close. Return on cash invested measures 23.63% and rental yield reads 9.79% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 124.02% and total cumulative return in cash totals $143,894.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,854/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
5,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08879, South Amboy, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,470 (100%) |
| Owner Occupied HU | 5,998 (57.3%) |
| Renter Occupied HU | 4,130 (39.4%) |
| Vacant Housing Units | 342 ( 3.3%) |
| Median Home Value | $445,825 |
| Average Home Value | $492,152 |
Housing Distribution
Address Breakdown
Residential
9,414
Single Family
8,876
Multi-Family
538
Businesses
518
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Listed by: ALESSANDRA L. HERZOG-CHERRY • RE/MAX COMPETITIVE EDGE
Mls Name: All Jersey MLS
Mls ID: #2607035R