137 Penn StBridgetonNJ08302
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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 137 Penn St, Bridgeton, NJ, 08302 generates $1,030/mo in rent and, after a $651/mo payment, leaves $82/mo in cash flow. Total monthly income is $1,030/mo, and annual cash flow is $984/yr on $44,089 invested. Return on cash invested sits at 22.14% in year one, and rental yield is 9.29% on a $132,999 entry. Equity gained on principal adds $858/yr, while 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $51,152. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,030/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
3,000 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: Reina Ortega • Collini Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027018