383 Woodbine StBrowns MillsNJ08015
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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 Browns Mills at 383 Woodbine St, Browns Mills, NJ, 08015 listed at $449,900 pairs $3,080/mo rent with a $2,202/mo payment. Total monthly income runs $3,080/mo. Return on cash invested measures 18.89% in year one, and rental yield registers 8.22% at a $449,900 basis. Equity gained on principal adds $2,903/yr, and annual property appreciation at 5% supports $124,299 by year five. Five-year ROI tracks 98.62% and total cumulative return in cash totals $147,082. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,080/mo property income relative to a $2,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08015, Browns Mills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,067 (100%) |
| Owner Occupied HU | 5,818 (72.1%) |
| Renter Occupied HU | 1,598 (19.8%) |
| Vacant Housing Units | 651 ( 8.1%) |
| Median Home Value | $263,425 |
| Average Home Value | $331,488 |
Housing Distribution
Address Breakdown
Residential
7,721
Single Family
7,585
Multi-Family
136
Businesses
202
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Listed by: Mark Schneider • Schneider Real Estate Agency
Mls Name: Bright MLS
Mls ID: #NJBL2101936