42 Cedar LnBridgetonNJ08302
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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
Rental property for sale in Bridgeton at 42 Cedar Ln, Bridgeton, NJ, 08302 offers $1,475/mo rent that, after a $1,028/mo payment. Total monthly income is $1,475/mo. Return on cash invested measures 19.53% in year one, and rental yield stands at 8.43% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 102.03% and total cumulative return in cash reaches $71,032. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,475/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08302, Bridgeton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 8,758 (54.1%) |
| Renter Occupied HU | 6,134 (37.9%) |
| Vacant Housing Units | 1,295 ( 8.0%) |
| Median Home Value | $250,606 |
| Average Home Value | $297,891 |
Housing Distribution
Address Breakdown
Residential
14,907
Single Family
14,255
Multi-Family
652
Businesses
897
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Listed by: Ami Carter • Weichert Realtors-Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJCB2028224