75 Hickory AveMantuaNJ08051
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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 Mantua at 75 Hickory Ave, Mantua, NJ, 08051 listed at $120,000 pairs $921/mo rent with a $587/mo payment to leave $66/mo cash flow. Total monthly income runs $921/mo, and annual cash flow reaches $792/yr on $39,780 cash to close. Return on cash invested measures 21.9% in year one, and rental yield registers 9.21% at a $120,000 basis. Equity gained on principal adds $774/yr, and annual property appreciation at 5% supports $33,154 by year five. Five-year ROI tracks 114.74% and total cumulative return in cash totals $45,643. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $921/mo property income relative to a $587/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08051, Mantua, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,870 (100%) |
| Owner Occupied HU | 3,695 (75.9%) |
| Renter Occupied HU | 973 (20.0%) |
| Vacant Housing Units | 202 ( 4.1%) |
| Median Home Value | $344,542 |
| Average Home Value | $364,183 |
Housing Distribution
Address Breakdown
Residential
4,695
Single Family
4,695
Multi-Family
0
Businesses
169
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Listed by: Nicholas Godwin • RE/MAX Select - Westfield
Mls Name: Bright MLS
Mls ID: #NJGL2068318