2505-2507 High StPt NorrisNJ08349
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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
Investment property for sale in Pt Norris at 2505-2507 High St, Pt Norris, NJ, 08349 earns from $1,972/mo rent with a $2,785/mo payment. Total monthly income totals $1,972/mo. ROI tracks 6.7% on current figures, and rental yield reads 4.16% at a $569,000 purchase. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 over five years. Five-year ROI reaches 33.24% and total cumulative return in cash sums $62,231. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,972/mo property income instead of your personal income.
Multi Family
Built in 1890
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08349, Port Norris, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 532 (62.6%) |
| Renter Occupied HU | 168 (19.8%) |
| Vacant Housing Units | 150 (17.6%) |
| Median Home Value | $198,148 |
| Average Home Value | $266,570 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
31
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Listed by: Brian Collini • Collini Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCB2028118