6214 Roosevelt 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
Rental property for sale in Mays Landing at 6214 Roosevelt Ave, Mays Landing, NJ, 08330 generates $2,606/mo in rent and, after a $1,566/mo payment, leaves $325/mo in cash flow. Total monthly income is $2,606/mo, and annual cash flow is $3,904/yr on $106,080 invested. Return on cash invested sits at 23.59% in year one, and rental yield is 9.77% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 123.83% and total cumulative return in cash sums $131,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,606/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
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: Ivelisse (Evee) Rivera-Souza • Redfin Corporation-Asbury Park
Mls Name: SJSRMLS
Mls ID: #604192