299 W Commerce Street ExtBridgetonNJ08302
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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 Bridgeton at 299 W Commerce Street Ext, Bridgeton, NJ, 08302 earns $903/mo cash flow from $3,433/mo rent with a $1,684/mo payment. Total monthly income totals $3,433/mo, and annual cash flow totals $10,833/yr on $114,036 capital. ROI tracks 29.41% on current figures, and rental yield reads 11.98% at a $344,000 purchase. Equity gained on principal adds $2,220/yr, and 5% annual appreciation supports $95,041 over five years. Five-year ROI reaches 155.31% and total cumulative return in cash sums $177,110. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,433/mo property income instead of your personal income.
Single Family
Built in 1930
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08302, Bridgeton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 8,758 (54.1%) |
| Renter Occupied HU | 6,134 (37.9%) |
| Vacant Housing Units | 1,295 ( 8.0%) |
| Median Home Value | $250,606 |
| Average Home Value | $297,891 |
Housing Distribution
Address Breakdown
Residential
14,907
Single Family
14,255
Multi-Family
652
Businesses
897
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Listed by: Erik Ewell • NEW ERA REAL ESTATE-D
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #591437
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.