83 Stevenson DriveMarlboroNJ07746
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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
Rental property for sale in Marlboro at 83 Stevenson Drive, Marlboro, NJ, 07746 priced at $1,350,000 converts $5,175/mo rent into after a $6,608/mo obligation. Total monthly income equals $5,175/mo. Return on cash invested prints 8.17% in year one, and rental yield reads 4.6% against a $1,350,000 entry. Equity gained on principal adds $8,711/yr, while 5% annual appreciation compiles into $372,980 by year five. Five-year ROI reaches 41.03% and total cumulative return in cash sums $179,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,175/mo property income covering a $6,608/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07746, Marlboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,558 (100%) |
| Owner Occupied HU | 6,082 (92.7%) |
| Renter Occupied HU | 287 ( 4.4%) |
| Vacant Housing Units | 189 ( 2.9%) |
| Median Home Value | $773,390 |
| Average Home Value | $805,590 |
Housing Distribution
Address Breakdown
Residential
6,343
Single Family
6,343
Multi-Family
0
Businesses
534
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Listed by: Ramandeep Singh • Real Broker, LLC
Mls Name: MOMLS
Mls ID: #22522076