240 Billings AvePaulsboroNJ08066
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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 Paulsboro at 240 Billings Ave, Paulsboro, NJ, 08066 at $414,900 posts ROI 10.21% with from $1,846/mo rent. Total monthly income equals $1,846/mo. Return on cash invested measures 10.21% and rental yield reads 5.34% at the current $414,900. Equity gained on principal adds $2,677/yr, and 5% annual appreciation supports $114,629 by year five. Five-year ROI prints 52.08% and total cumulative return in cash totals $71,630. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,846/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1920
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08066, Paulsboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,981 (100%) |
| Owner Occupied HU | 1,832 (46.0%) |
| Renter Occupied HU | 1,811 (45.5%) |
| Vacant Housing Units | 338 ( 8.5%) |
| Median Home Value | $204,856 |
| Average Home Value | $299,122 |
Housing Distribution
Address Breakdown
Residential
3,564
Single Family
3,560
Multi-Family
4
Businesses
291
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Listed by: SHELBY MORGAN • Morgan Capital Real Estate
Mls Name: Bright MLS
Mls ID: #NJGL2068614