328 Jersey AveGloucester CityNJ08030
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Gloucester City at 328 Jersey Ave, Gloucester City, NJ, 08030 priced at $189,900 pairs $1,495/mo rent with $142/mo cash flow after a $929/mo payment. Total monthly income equals $1,495/mo, and annual cash flow comes to $1,703/yr on $62,952 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 9.45% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 118.57% and total cumulative return in cash reaches $74,645. For financing, Ziffy Mortgage’s DSCR program evaluates $1,495/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1949
2,300 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: Taz Gurcanli • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJCD2104992