1502 3rd 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
Investment property for sale in Bridgeton at 1502 3rd Ave, Bridgeton, NJ, 08302 earns $580/mo cash flow from $1,756/mo rent with a $808/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $6,954/yr on $54,698 capital. ROI tracks 32.62% on current figures, and rental yield reads 12.77% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 172.28% and total cumulative return in cash sums $94,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.
Single Family
Built in 1950
6,534 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: Jonathan Beswick • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCB2027996