21 Lummis Mill RdBridgetonNJ08302
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
Investment Highlights
Investment property for sale in Bridgeton at 21 Lummis Mill Rd, Bridgeton, NJ, 08302 uses $41,438 cash to close to unlock $670/yr annual cash flow and $56/mo monthly cash flow. Total monthly income runs $947/mo, and a $612/mo payment keeps the spread at $56/mo. Purchase price stands at $125,000, and rental yield measures 9.09% with $947/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 112.75% and total cumulative return in cash records $46,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $947/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1945
0.94 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patrick Gorman • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCB2027882