67 Coryell StLambertvilleNJ08530
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 Lambertville at 67 Coryell St, Lambertville, NJ, 08530 priced at $509,000 converts $3,737/mo rent into $109/mo cash flow after a $2,491/mo obligation. Total monthly income equals $3,737/mo, and annual cash flow totals $1,311/yr on $167,461 invested. Return on cash invested prints 20.84% in year one, and rental yield reads 8.81% against a $509,000 entry. Equity gained on principal adds $3,285/yr, while 5% annual appreciation compiles into $140,627 by year five. Five-year ROI reaches 109.07% and total cumulative return in cash sums $182,653. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,737/mo property income covering a $2,491/mo payment, not borrower’s personal income.
Single Family
Built in 1868
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08530, Lambertville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,682 (100%) |
| Owner Occupied HU | 2,560 (69.5%) |
| Renter Occupied HU | 882 (24.0%) |
| Vacant Housing Units | 240 ( 6.5%) |
| Median Home Value | $634,868 |
| Average Home Value | $688,356 |
Housing Distribution
Address Breakdown
Residential
3,447
Single Family
3,314
Multi-Family
133
Businesses
465
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Cane • River Valley Realty Llc
Mls Name: GSMLS
Mls ID: #3968437