314 Warren StGloucester CityNJ08030
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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 Gloucester City at 314 Warren St, Gloucester City, NJ, 08030 offers a 14.38% rental yield on a $199,799 purchase with $2,394/mo rent. Total monthly income registers $2,394/mo, and a $978/mo payment leaves $970/mo available for distribution. Annual cash flow reaches $11,637/yr on $66,233 to close, and return on cash invested stands at 37.48% in year one. Equity gained on principal adds $1,289/yr while 5% annual appreciation supports $55,201 over five years. Portfolio math shows five-year ROI at 198.31% and total cumulative return in cash at $131,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,394/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1910
1,076 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08030, Gloucester City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,470 (100%) |
| Owner Occupied HU | 3,194 (58.4%) |
| Renter Occupied HU | 1,813 (33.1%) |
| Vacant Housing Units | 463 ( 8.5%) |
| Median Home Value | $219,530 |
| Average Home Value | $291,694 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
5,076
Multi-Family
211
Businesses
383
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Listed by: Sara Pensabene • The Property Alliance LLC
Mls Name: Bright MLS
Mls ID: #NJCD2103680