7322 Black Horse PikeMays 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
Investment property for sale in Mays Landing at 7322 Black Horse Pike, Mays Landing, NJ, 08330 earns $519/mo cash flow from $2,371/mo rent with a $1,272/mo payment. Total monthly income totals $2,371/mo, and annual cash flow totals $6,223/yr on $86,157 capital. ROI tracks 27.13% on current figures, and rental yield reads 10.95% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 142.83% and total cumulative return in cash sums $123,058. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,371/mo property income instead of your personal income.
Single Family
Built in 1951
11.35 Acres 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: Frank Maione • Century 21 Reilly Realtors
Mls Name: Bright MLS
Mls ID: #NJAC2019264