1545 E Buckshutem RdMillvilleNJ08332
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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 Millville at 1545 E Buckshutem Rd, Millville, NJ, 08332 listed at $289,000 pairs $2,452/mo rent with a $1,415/mo payment to leave $392/mo cash flow. Total monthly income runs $2,452/mo, and annual cash flow reaches $4,699/yr on $95,804 cash to close. Return on cash invested measures 24.81% in year one, and rental yield registers 10.18% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 130.41% and total cumulative return in cash totals $124,934. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,452/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
6.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08332, Millville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,288 (100%) |
| Owner Occupied HU | 9,183 (60.1%) |
| Renter Occupied HU | 4,847 (31.7%) |
| Vacant Housing Units | 1,258 ( 8.2%) |
| Median Home Value | $239,111 |
| Average Home Value | $296,530 |
Housing Distribution
Address Breakdown
Residential
14,355
Single Family
13,537
Multi-Family
818
Businesses
799
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Listed by: Abigail Negron • Tesla Realty Group LLC
Mls Name: Bright MLS
Mls ID: #NJCB2027564