102 Elk RdMullica HillNJ08062
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 Mullica Hill at 102 Elk Rd, Mullica Hill, NJ, 08062 at $149,800 posts ROI 21.42% with $62/mo cash flow from $1,130/mo rent. Total monthly income equals $1,130/mo, and annual cash flow records $749/yr on $49,659 to close. Return on cash invested measures 21.42% and rental yield reads 9.05% at the current $149,800. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,387 by year five. Five-year ROI prints 112.23% and total cumulative return in cash totals $55,731.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1880
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08062, Mullica Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 5,204 (85.5%) |
| Renter Occupied HU | 648 (10.7%) |
| Vacant Housing Units | 232 ( 3.8%) |
| Median Home Value | $555,112 |
| Average Home Value | $561,427 |
Housing Distribution
Address Breakdown
Residential
6,008
Single Family
5,944
Multi-Family
64
Businesses
390
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Nearby investment properties with comparable prices
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