131 ElmLodiNJ07644
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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 Lodi at 131 Elm, Lodi, NJ, 07644 generates $907/mo in rent and, after a $587/mo payment, leaves $52/mo in cash flow. Total monthly income is $907/mo, and annual cash flow is $624/yr on $39,780 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 9.07% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 112.51% and total cumulative return in cash sums $44,755. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $907/mo property income rather than buyer’s personal income.
Manufactured
Built in 2023
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07644, Lodi, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,567 (100%) |
| Owner Occupied HU | 4,236 (40.1%) |
| Renter Occupied HU | 5,912 (55.9%) |
| Vacant Housing Units | 419 ( 4.0%) |
| Median Home Value | $527,335 |
| Average Home Value | $585,640 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
8,453
Multi-Family
317
Businesses
737
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Listed by: Yohana Osorio • More Homes Realty, Llc
Mls Name: GSMLS
Mls ID: #4008141