109 N BroadwayGloucester CityNJ08030
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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 Gloucester City at 109 N Broadway, Gloucester City, NJ, 08030 generates $2,432/mo in rent and, after a $1,322/mo payment, leaves $507/mo in cash flow. Total monthly income is $2,432/mo, and annual cash flow is $6,084/yr on $89,505 invested. Return on cash invested sits at 26.71% in year one, and rental yield is 10.81% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 140.51% and total cumulative return in cash sums $125,761. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,432/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2,213 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08030, Gloucester City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,470 (100%) |
| Owner Occupied HU | 3,194 (58.4%) |
| Renter Occupied HU | 1,813 (33.1%) |
| Vacant Housing Units | 463 ( 8.5%) |
| Median Home Value | $219,530 |
| Average Home Value | $291,694 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
5,076
Multi-Family
211
Businesses
383
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Listed by: Ashley Castillo • Realty ONE Group Focus
Mls Name: Bright MLS
Mls ID: #NJCD2106856