6214 Phillips AveMays 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
Investment property for sale in Mays Landing at 6214 Phillips Ave, Mays Landing, NJ, 08330 at $307,000 posts ROI 24.19% with $363/mo cash flow from $2,552/mo rent. Total monthly income equals $2,552/mo, and annual cash flow records $4,360/yr on $101,771 to close. Return on cash invested measures 24.19% and rental yield reads 9.98% at the current $307,000. Equity gained on principal adds $1,981/yr, and 5% annual appreciation supports $84,818 by year five. Five-year ROI prints 127.06% and total cumulative return in cash totals $129,314.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,552/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,000 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: Lauren Groeber • CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #596193
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.