114 Magnolia AveBridgetonNJ08302
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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 Bridgeton at 114 Magnolia Ave, Bridgeton, NJ, 08302 priced at $274,900 pairs $2,160/mo rent with $201/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,160/mo, and annual cash flow comes to $2,413/yr on $91,129 invested. Return on cash invested is 22.56% in year one, and rental yield stands at 9.43% on a $274,900 basis. Equity gained on principal adds $1,774/yr, and 5% annual appreciation accumulates to $75,950 by year five. Five-year ROI measures 118.33% and total cumulative return in cash reaches $107,835. For financing, Ziffy Mortgage’s DSCR program evaluates $2,160/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
10,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08302, Bridgeton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 8,758 (54.1%) |
| Renter Occupied HU | 6,134 (37.9%) |
| Vacant Housing Units | 1,295 ( 8.0%) |
| Median Home Value | $250,606 |
| Average Home Value | $297,891 |
Housing Distribution
Address Breakdown
Residential
14,907
Single Family
14,255
Multi-Family
652
Businesses
897
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Listed by: Scott Zielinski • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027718