14 Mill StBordentownNJ08505
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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 Bordentown at 14 Mill St, Bordentown, NJ, 08505 priced at $142,200 converts $3,475/mo rent into $2,289/mo cash flow after a $696/mo obligation. Total monthly income equals $3,475/mo, and annual cash flow totals $27,474/yr on $47,139 invested. Return on cash invested prints 78.19% in year one, and rental yield reads 29.32% against a $142,200 entry. Equity gained on principal adds $918/yr, while 5% annual appreciation compiles into $39,287 by year five. Five-year ROI reaches 418.29% and total cumulative return in cash sums $197,177. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,475/mo property income covering a $696/mo payment, not borrower’s personal income.
Single Family
Built in 1900
4,399 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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Listed by: N/A • N/A
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