7 Miranda LnWoodbineNJ08270
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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
Rental property for sale in Woodbine at 7 Miranda Ln, Woodbine, NJ, 08270 priced at $459,000 pairs $3,036/mo rent with after a $2,247/mo payment. Total monthly income equals $3,036/mo. Return on cash invested is 18.05% in year one, and rental yield stands at 7.94% on a $459,000 basis. Equity gained on principal adds $2,962/yr, and 5% annual appreciation accumulates to $126,813 by year five. Five-year ROI measures 94.08% and total cumulative return in cash reaches $143,147. For financing, Ziffy Mortgage’s DSCR program evaluates $3,036/mo property income against a $2,247/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2007
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08270, Woodbine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,409 (72.5%) |
| Renter Occupied HU | 473 (14.2%) |
| Vacant Housing Units | 440 (13.2%) |
| Median Home Value | $453,687 |
| Average Home Value | $496,683 |
Housing Distribution
Address Breakdown
Residential
2,748
Single Family
2,747
Multi-Family
1
Businesses
142
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Listed by: Francis Jannotta • COASTAL ELITE REALTY
Mls Name: CMCAOR
Mls ID: #252079