329 Main StCedarvilleNJ08311
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 Cedarville at 329 Main St, Cedarville, NJ, 08311 priced at $250,000 pairs $1,918/mo rent with $136/mo cash flow after a $1,224/mo payment. Total monthly income equals $1,918/mo, and annual cash flow comes to $1,628/yr on $82,875 invested. Return on cash invested is 21.87% in year one, and rental yield stands at 9.21% on a $250,000 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,070 by year five. Five-year ROI measures 114.63% and total cumulative return in cash reaches $95,002. For financing, Ziffy Mortgage’s DSCR program evaluates $1,918/mo property income against a $1,224/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
0.28 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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Nearby investment properties with comparable prices
Listed by: Mike DePalma • DePalma Realty
Mls Name: Bright MLS
Mls ID: #NJCB2028006