315 W Virginia RdBrowns MillsNJ08015
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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 Browns Mills at 315 W Virginia Rd, Browns Mills, NJ, 08015 earns $686/mo cash flow from $2,860/mo rent with a $1,493/mo payment. Total monthly income totals $2,860/mo, and annual cash flow totals $8,230/yr on $101,107 capital. ROI tracks 28.05% on current figures, and rental yield reads 11.25% at a $304,999 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 147.73% and total cumulative return in cash sums $149,361. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,860/mo property income instead of your personal income.
Single Family
Built in 1965
9,997 sqft 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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Listed by: Justin Morrison • Realty Mark Advantage
Mls Name: Bright MLS
Mls ID: #NJBL2103064