241 Gaunt DrMickletonNJ08056
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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 Mickleton at 241 Gaunt Dr, Mickleton, NJ, 08056 with 5% annual appreciation on a $394,000 basis while $2,544/mo rent supports operations. 48% in year one. Equity gained on principal adds $2,542/yr, and five-year appreciation sums $108,855 alongside rental yield of 7.75%. Five-year ROI measures 91.1% and total cumulative return in cash totals $118,984. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,544/mo property income versus a $1,928/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1999
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08056, Mickleton, NJ area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
89
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Listed by: Kim Mehaffey • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2068724