207 Cumberland StGloucester CityNJ08030
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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
Investment Highlights
Investment property for sale in Gloucester City at 207 Cumberland St, Gloucester City, NJ, 08030 offers a 9.47% rental yield on a $169,900 purchase with $1,341/mo rent. Total monthly income registers $1,341/mo, and a $832/mo payment leaves $130/mo available for distribution. Annual cash flow reaches $1,555/yr on $56,322 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 118.93% and total cumulative return in cash at $66,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,341/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08030, Gloucester City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,470 (100%) |
| Owner Occupied HU | 3,194 (58.4%) |
| Renter Occupied HU | 1,813 (33.1%) |
| Vacant Housing Units | 463 ( 8.5%) |
| Median Home Value | $219,530 |
| Average Home Value | $291,694 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
5,076
Multi-Family
211
Businesses
383
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Listed by: Michelle Sosi • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2102808