256 Ridge RdBrowns MillsNJ08015
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
Investment Highlights
Investment property for sale in Browns Mills at 256 Ridge Rd, Browns Mills, NJ, 08015 at $379,000 posts ROI 25.29% with $564/mo cash flow from $3,265/mo rent. Total monthly income equals $3,265/mo, and annual cash flow records $6,763/yr on $125,639 to close. Return on cash invested measures 25.29% and rental yield reads 10.34% at the current $379,000. Equity gained on principal adds $2,446/yr, and 5% annual appreciation supports $104,711 by year five. Five-year ROI prints 132.95% and total cumulative return in cash totals $167,039.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,265/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
1.00 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08015, Browns Mills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,067 (100%) |
| Owner Occupied HU | 5,818 (72.1%) |
| Renter Occupied HU | 1,598 (19.8%) |
| Vacant Housing Units | 651 ( 8.1%) |
| Median Home Value | $263,425 |
| Average Home Value | $331,488 |
Housing Distribution
Address Breakdown
Residential
7,721
Single Family
7,585
Multi-Family
136
Businesses
202
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Nearby investment properties with comparable prices
Listed by: Anthony Pepe • RE/MAX at Home
Mls Name: Bright MLS
Mls ID: #NJBL2094798