32 Whitaker CtMillvilleNJ08332
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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 Millville at 32 Whitaker Ct, Millville, NJ, 08332 offers $1,771/mo rent that, after a $1,361/mo payment. Total monthly income is $1,771/mo. Return on cash invested measures 17.16% in year one, and rental yield stands at 7.64% at a $277,990 entry. Equity gained on principal adds $1,794/yr while 5% annual appreciation compounds into $76,804 by year five. Five-year ROI records 89.4% and total cumulative return in cash reaches $82,382. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,771/mo property income versus a $1,361/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2026
1,554 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08332, Millville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,288 (100%) |
| Owner Occupied HU | 9,183 (60.1%) |
| Renter Occupied HU | 4,847 (31.7%) |
| Vacant Housing Units | 1,258 ( 8.2%) |
| Median Home Value | $239,111 |
| Average Home Value | $296,530 |
Housing Distribution
Address Breakdown
Residential
14,355
Single Family
13,537
Multi-Family
818
Businesses
799
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Listed by: Steven Likanchuk • DePalma Realty
Mls Name: Bright MLS
Mls ID: #NJCB2027490