356 Westminster PlLodiNJ07644
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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 Lodi at 356 Westminster Pl, Lodi, NJ, 07644 at $799,999 posts ROI 14.09% with from $4,394/mo rent. Total monthly income equals $4,394/mo. Return on cash invested measures 14.09% and rental yield reads 6.59% at the current $799,999. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 by year five. Five-year ROI prints 72.87% and total cumulative return in cash totals $191,803. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,394/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07644, Lodi, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,567 (100%) |
| Owner Occupied HU | 4,236 (40.1%) |
| Renter Occupied HU | 5,912 (55.9%) |
| Vacant Housing Units | 419 ( 4.0%) |
| Median Home Value | $527,335 |
| Average Home Value | $585,640 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
8,453
Multi-Family
317
Businesses
737
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Listed by: Jeremy P. Ciotola • Compass New Jersey Llc
Mls Name: GSMLS
Mls ID: #3994900