81 Larch StPort ReadingNJ07064
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 Port Reading at 81 Larch St, Port Reading, NJ, 07064 at $380,000 posts ROI 21.54% with $171/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $2,056/yr on $125,970 to close. Return on cash invested measures 21.54% and rental yield reads 9.09% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 112.85% and total cumulative return in cash totals $142,153.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1942
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07064, Port Reading, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,433 (100%) |
| Owner Occupied HU | 1,044 (72.9%) |
| Renter Occupied HU | 323 (22.5%) |
| Vacant Housing Units | 66 ( 4.6%) |
| Median Home Value | $475,499 |
| Average Home Value | $561,431 |
Housing Distribution
Address Breakdown
Residential
1,441
Single Family
1,364
Multi-Family
77
Businesses
92
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Listed by: Ami Yazmin Cruz • Exp Realty, Llc
Mls Name: GSMLS
Mls ID: #4004188