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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Mickleton at 23 New Oak Rd, Mickleton, NJ, 08056 with 5% annual appreciation on a $525,000 basis while $4,398/mo rent supports operations. Total monthly income totals $4,398/mo and a $2,570/mo payment preserves $656/mo for cash returns. Annual cash flow comes to $7,866/yr on $172,725 deployed, and return on cash invested reaches 24.61% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 10.05%. Five-year ROI measures 129.29% and total cumulative return in cash totals $223,317.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,398/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1987
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08056, Mickleton, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,852 (100%) |
| Owner Occupied HU | 1,705 (92.1%) |
| Renter Occupied HU | 82 ( 4.4%) |
| Vacant Housing Units | 65 ( 3.5%) |
| Median Home Value | $497,843 |
| Average Home Value | $507,479 |
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
89
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Hollie Dodge • RE/MAX Preferred - Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJGL2059750
