10 Chippewa TrlBrowns MillsNJ08015
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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
Investment property for sale in Browns Mills at 10 Chippewa Trl, Browns Mills, NJ, 08015 offers a 11.95% rental yield on a $309,000 purchase with $3,078/mo rent. Total monthly income registers $3,078/mo, and a $1,512/mo payment leaves $876/mo available for distribution. Annual cash flow reaches $10,511/yr on $102,434 to close, and return on cash invested stands at 30.17% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 159.09% and total cumulative return in cash at $162,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,078/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08015, Browns Mills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,067 (100%) |
| Owner Occupied HU | 5,818 (72.1%) |
| Renter Occupied HU | 1,598 (19.8%) |
| Vacant Housing Units | 651 ( 8.1%) |
| Median Home Value | $263,425 |
| Average Home Value | $331,488 |
Housing Distribution
Address Breakdown
Residential
7,721
Single Family
7,585
Multi-Family
136
Businesses
202
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Listed by: Daniel Pensiero • Prime Realty Partners
Mls Name: Bright MLS
Mls ID: #NJBL2091374