31 Gloucester CtBordentownNJ08505
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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 Bordentown at 31 Gloucester Ct, Bordentown, NJ, 08505 with 5% annual appreciation on a $345,000 basis while $3,148/mo rent supports operations. Total monthly income totals $3,148/mo and a $1,689/mo payment preserves $689/mo for cash returns. Annual cash flow comes to $8,262/yr on $114,368 deployed, and return on cash invested reaches 27.13% in year one. Equity gained on principal adds $2,226/yr, and five-year appreciation sums $95,317 alongside rental yield of 10.95%. Five-year ROI measures 142.82% and total cumulative return in cash totals $163,336.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,148/mo property income versus a $1,689/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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Listed by: Robert Webb • RE/MAX Supreme
Mls Name: Bright MLS
Mls ID: #NJBL2096656