The Islander Plan, Siddons CourtIsland HeightsNJ08732
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 Island Heights at The Islander Plan, Siddons Court, Island Heights, NJ, 08732 priced at $999,000 converts $5,694/mo rent into after a $4,890/mo obligation. Total monthly income equals $5,694/mo. Return on cash invested prints 14.85% in year one, and rental yield reads 6.84% against a $999,000 entry. Equity gained on principal adds $6,446/yr, while 5% annual appreciation compiles into $276,005 by year five. Five-year ROI reaches 76.91% and total cumulative return in cash sums $252,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,694/mo property income covering a $4,890/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08732, Island Heights, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 795 (100%) |
| Owner Occupied HU | 601 (75.6%) |
| Renter Occupied HU | 91 (11.4%) |
| Vacant Housing Units | 103 (13.0%) |
| Median Home Value | $644,947 |
| Average Home Value | $745,761 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
129
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Kalian Real Estate
Mls Name: Kalian Real Estate
Mls ID: #N/A