18 Kemble AveMillvilleNJ08332
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 9.38% yield at 18 Kemble Ave, Millville, NJ, 08332 in Millville is solid, but the $786/mo payment compresses net cash flow to $120/mo at $174,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $48,322 by year five, and $1,611/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.74) without U.S. income documentation. Total projected return: $74,845.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 7.2% |
| Monthly Cash Flow | $120 | $650 |
City averages based on Millville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,367 |
| Total Monthly Debt Service | $1,177 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1925
N/A 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
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
Single Family
Built in 1925
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Hubzu
Mls ID: #91716528099AUCN76