2530 Bacon StPort NorrisNJ08349
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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 Port Norris at 2530 Bacon St, Port Norris, NJ, 08349 uses $34,807 cash to close to unlock $762/yr annual cash flow and $64/mo monthly cash flow. Total monthly income runs $812/mo, and a $514/mo payment keeps the spread at $64/mo. Purchase price stands at $104,999, and rental yield measures 9.28% with $812/mo rent. Return on cash invested shows 22.1% in year one, and 5% annual appreciation builds toward $29,009 over five years. Five-year ROI reaches 115.88% and total cumulative return in cash records $40,333. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $812/mo property income covering a $514/mo payment rather than investor’s personal income.
Single Family
Built in 1880
0.31 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: Ashley Cantoni • EXIT Realty Defined
Mls Name: Bright MLS
Mls ID: #NJCB2025444