7 E 2nd StPort ReadingNJ07064
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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 Port Reading at 7 E 2nd St, Port Reading, NJ, 07064 earns $436/mo cash flow from $4,391/mo rent with a $2,716/mo payment. Total monthly income totals $4,391/mo, and annual cash flow totals $5,226/yr on $182,595 capital. ROI tracks 22.92% on current figures, and rental yield reads 9.49% at a $555,000 purchase. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 over five years. Five-year ROI reaches 120.22% and total cumulative return in cash sums $219,512. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,391/mo property income instead of your personal income.
Single Family
Built in 1973
9,748 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07064, Port Reading, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,433 (100%) |
| Owner Occupied HU | 1,044 (72.9%) |
| Renter Occupied HU | 323 (22.5%) |
| Vacant Housing Units | 66 ( 4.6%) |
| Median Home Value | $475,499 |
| Average Home Value | $561,431 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,364
Multi-Family
77
Businesses
92
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Listed by: ENRIQUE HERNANDEZ • PETRA BEST REALTY LLC
Mls Name: All Jersey MLS
Mls ID: #2512865R