7 Golf DrMays 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 7 Golf Dr, Mays Landing, NJ, 08330 priced at $434,999 converts $2,209/mo rent into after a $2,129/mo obligation. Total monthly income equals $2,209/mo. Return on cash invested prints 12.49% in year one, and rental yield reads 6.09% against a $434,999 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation compiles into $120,182 by year five. Five-year ROI reaches 64.29% and total cumulative return in cash sums $92,712. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,209/mo property income covering a $2,129/mo payment, not borrower’s personal income.
Single Family
Built in 2002
7,842 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: Jean Jackson Charles • GARDEN STATE PROPERTIES GROUP
Mls Name: SJSRMLS
Mls ID: #599392