711 Reba RdLandingNJ07850
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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 Landing at 711 Reba Rd, Landing, NJ, 07850 listed at $599,000 pairs $5,182/mo rent with a $2,932/mo payment to leave $912/mo cash flow. Total monthly income runs $5,182/mo, and annual cash flow reaches $10,947/yr on $197,071 cash to close. Return on cash invested measures 25.62% in year one, and rental yield registers 10.38% at a $599,000 basis. Equity gained on principal adds $3,865/yr, and annual property appreciation at 5% supports $165,493 by year five. Five-year ROI tracks 134.65% and total cumulative return in cash totals $265,366. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,182/mo property income relative to a $2,932/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07850, Landing, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,531 (100%) |
| Owner Occupied HU | 1,903 (75.2%) |
| Renter Occupied HU | 505 (20.0%) |
| Vacant Housing Units | 123 ( 4.9%) |
| Median Home Value | $431,478 |
| Average Home Value | $563,791 |
Housing Distribution
Address Breakdown
Residential
2,510
Single Family
2,490
Multi-Family
20
Businesses
159
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Listed by: Edwin Rosa • Signature Realty Nj
Mls Name: GSMLS
Mls ID: #3981419