135 Preakness DrMullica 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 135 Preakness Dr, Mullica Hill, NJ, 08062 offers a 5.68% rental yield on a $1,249,900 purchase with $5,917/mo rent. 5% in year one. Equity gained on principal adds $8,065/yr while 5% annual appreciation supports $345,324 over five years. Portfolio math shows five-year ROI at 58.92% and total cumulative return in cash at $238,626. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,917/mo property income against a $6,118/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1 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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Listed by: Frances Manzoni • Century 21 Rauh & Johns
Mls Name: Bright MLS
Mls ID: #NJGL2068452