218 Auburn AveBrowns MillsNJ08015
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
Rental property for sale in Browns Mills at 218 Auburn Ave, Browns Mills, NJ, 08015 priced at $317,000 pairs $2,261/mo rent with $1/mo cash flow after a $1,552/mo payment. Total monthly income equals $2,261/mo, and annual cash flow comes to $12/yr on $105,086 invested. Return on cash invested is 19.92% in year one, and rental yield stands at 8.56% on a $317,000 basis. Equity gained on principal adds $2,046/yr, and 5% annual appreciation accumulates to $87,581 by year five. Five-year ROI measures 104.19% and total cumulative return in cash reaches $109,485. For financing, Ziffy Mortgage’s DSCR program evaluates $2,261/mo property income against a $1,552/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
7,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08015, Browns Mills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,067 (100%) |
| Owner Occupied HU | 5,818 (72.1%) |
| Renter Occupied HU | 1,598 (19.8%) |
| Vacant Housing Units | 651 ( 8.1%) |
| Median Home Value | $263,425 |
| Average Home Value | $331,488 |
Housing Distribution
Address Breakdown
Residential
7,721
Single Family
7,585
Multi-Family
136
Businesses
202
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn DuLowe • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJBL2103752