32 Millbridge Rd, Clementon, NJ, 08021 | $416/mo Cash Flow

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32 Millbridge Rd, Clementon, NJ, 08021 | $416/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Clementon at 32 Millbridge Rd, Clementon, NJ, 08021 priced at $457,000 pairs $3,674/mo rent with $416/mo cash flow after a $2,237/mo payment. Total monthly income equals $3,674/mo, and annual cash flow comes to $4,996/yr on $151,496 invested. Return on cash invested is 23.21% in year one, and rental yield stands at 9.65% on a $457,000 basis. Equity gained on principal adds $2,949/yr, and 5% annual appreciation accumulates to $126,261 by year five. Five-year ROI measures 121.77% and total cumulative return in cash reaches $184,483. For financing, Ziffy Mortgage’s DSCR program evaluates $3,674/mo property income against a $2,237/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1974

10,799 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 32 Millbridge Road a beautifully maintained 4 bedroom, 2.5 bath home on a large corner lot offering over 2,100 sq ft of living space. Pride of ownership shines throughout this longtime-owned property an opportunity to own a true piece of the American Dream. This move-in ready home features newer systems, including a 5-year-old HVAC and 3-year-old roof, giving you peace of mind and low-maintenance living. The heart of the home is the oversized kitchen, designed with custom cabinetry, quartz countertops, and abundant natural light. The spacious main living room provides plenty of room to gather. Upstairs, a generous primary suite and comfortable secondary bedrooms offer both space and storage. Step down into the lower family room, remodeled in 2024 with new LVP flooring, a custom bar, and a cozy wood-burning stove the perfect spot for entertaining or unwinding. Outside, enjoy a stained wood deck, a private backyard with fire pit area, playset, and plenty of space to entertain. A garage and extended driveway provide convenient parking and storage options. Located in desirable Gloucester Township, this home is minutes from shopping, dining, schools, and major highways making your commute and daily errands effortless. Dont miss your chance to own this fantastic turn-key property where pride of ownership meets comfort schedule your showing today!

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