302 Bromley EstClementonNJ08021
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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
Rental property for sale in Clementon at 302 Bromley Est, Clementon, NJ, 08021 priced at $199,000 converts $0/mo rent into after a $974/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.89% in year one, and rental yield reads 0% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $974/mo payment, not borrower’s personal income.
Townhouse
Built in 1970
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Shauna Reiter • Redfin
Mls Name: Bright MLS
Mls ID: #NJCD2107198