240 Clems RunMullica HillNJ08062
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Mullica Hill rentals match the income profile of 240 Clems Run, Mullica Hill, NJ, 08062. Listed at $200,000, gross rent is $2,795/mo and net cash flow is $1,369/mo, a 16.77% yield well above national averages. DSCR 3.11 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $55,256 by year five with $1,842/yr in annual principal reduction, projecting $164,831 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 16.8% | 6.2% |
| Monthly Cash Flow | $1,369 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,795 |
| Total Monthly Debt Service | $1,346 |
| DSCR Ratio | 2.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08062, Mullica Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 5,204 (85.5%) |
| Renter Occupied HU | 648 (10.7%) |
| Vacant Housing Units | 232 ( 3.8%) |
| Median Home Value | $555,112 |
| Average Home Value | $561,427 |
Housing Distribution
Address Breakdown
Residential
6,008
Single Family
5,944
Multi-Family
64
Businesses
390
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
Lot
Built in N/A
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08062, Mullica Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 5,204 (85.5%) |
| Renter Occupied HU | 648 (10.7%) |
| Vacant Housing Units | 232 ( 3.8%) |
| Median Home Value | $555,112 |
| Average Home Value | $561,427 |
Housing Distribution
Address Breakdown
Residential
6,008
Single Family
5,944
Multi-Family
64
Businesses
390
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices