81 Linvale RdRingoesNJ08551
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 Ringoes at 81 Linvale Rd, Ringoes, NJ, 08551 priced at $913,000 pairs $4,253/mo rent with after a $4,469/mo payment. Total monthly income equals $4,253/mo. Return on cash invested is 11.05% in year one, and rental yield stands at 5.59% on a $913,000 basis. Equity gained on principal adds $5,891/yr, and 5% annual appreciation accumulates to $252,245 by year five. Five-year ROI measures 56.54% and total cumulative return in cash reaches $169,837. For financing, Ziffy Mortgage’s DSCR program evaluates $4,253/mo property income against a $4,469/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
6.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08551, Ringoes, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,043 (100%) |
| Owner Occupied HU | 1,785 (87.4%) |
| Renter Occupied HU | 175 ( 8.6%) |
| Vacant Housing Units | 83 ( 4.1%) |
| Median Home Value | $639,032 |
| Average Home Value | $688,770 |
Housing Distribution
Address Breakdown
Residential
1,976
Single Family
1,976
Multi-Family
0
Businesses
204
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Nearby investment properties with comparable prices
Listed by: Elisabeth Kerr • Corcoran Sawyer Smith
Mls Name: GSMLS
Mls Provider:
Mls ID: #3950472
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