204 Bridgeton AveFortescueNJ08321
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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 Fortescue at 204 Bridgeton Ave, Fortescue, NJ, 08321 uses $58,013 cash to close to unlock $6,614/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $1,799/mo, and a $857/mo payment keeps the spread at $551/mo. Purchase price stands at $175,000, and rental yield measures 12.34% with $1,799/mo rent. Return on cash invested shows 31.31% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 165.29% and total cumulative return in cash records $95,887. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,799/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08321, Fortescue, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 238 (100%) |
| Owner Occupied HU | 91 (38.2%) |
| Renter Occupied HU | 13 ( 5.5%) |
| Vacant Housing Units | 134 (56.3%) |
| Median Home Value | $254,464 |
| Average Home Value | $316,429 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
7
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Listed by: Terrienna Dreyer • Collini Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2028220