321 Jones Island RdCedarvilleNJ08311
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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 Cedarville at 321 Jones Island Rd, Cedarville, NJ, 08311 uses $96,102 cash to close to unlock $7,375/yr annual cash flow and $615/mo monthly cash flow. Total monthly income runs $2,681/mo, and a $1,419/mo payment keeps the spread at $615/mo. Purchase price stands at $289,900, and rental yield measures 11.1% with $2,681/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 145.24% and total cumulative return in cash records $139,581. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,681/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1900
17.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08311, Cedarville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 592 (74.7%) |
| Renter Occupied HU | 108 (13.6%) |
| Vacant Housing Units | 92 (11.6%) |
| Median Home Value | $230,968 |
| Average Home Value | $268,953 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
36
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Listed by: Patrick Gorman • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCB2027884