2110 Mayslanding Rd LOT 117MillvilleNJ08332
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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 2110 Mayslanding Rd LOT 117, Millville, NJ, 08332 uses $39,780 cash to close to unlock $1,056/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $943/mo, and a $587/mo payment keeps the spread at $88/mo. Purchase price stands at $120,000, and rental yield measures 9.43% with $943/mo rent. Return on cash invested shows 22.56% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 118.3% and total cumulative return in cash records $47,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $943/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 1056
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
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Listed by: Nicole Depasquale • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A