78 North PlMount TaborNJ07878
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
Rental property for sale in Mount Tabor at 78 North Pl, Mount Tabor, NJ, 07878 offers $4,349/mo rent that, after a $2,692/mo payment, leaves $429/mo cash flow. Total monthly income is $4,349/mo, and annual cash flow is $5,144/yr on $180,950 cash. Return on cash invested measures 22.9% in year one, and rental yield stands at 9.49% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 120.11% and total cumulative return in cash reaches $217,342. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,349/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07878, Mount Tabor, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 368 (100%) |
| Owner Occupied HU | 319 (86.7%) |
| Renter Occupied HU | 31 ( 8.4%) |
| Vacant Housing Units | 18 ( 4.9%) |
| Median Home Value | $490,187 |
| Average Home Value | $535,188 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
44
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Nearby investment properties with comparable prices
Listed by: Erica Travis • Compass New Jersey, Llc
Mls Name: GSMLS
Mls ID: #3984446