7 Laurel CtMays LandingNJ08330
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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 Mays Landing at 7 Laurel Ct, Mays Landing, NJ, 08330 offers a 9.34% rental yield on a $189,900 purchase with $1,478/mo rent. Total monthly income registers $1,478/mo, and a $929/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,499/yr on $62,952 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 116.84% and total cumulative return in cash at $73,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,478/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in N/A
N/A 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
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Listed by: DIANE HOGAN • KELLER WILLIAMS REALTY-CHERRY HILL
Mls Name: SJSRMLS
Mls ID: #601458