445 Landing StLumbertonNJ08048
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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
Investment property for sale in Lumberton at 445 Landing St, Lumberton, NJ, 08048 uses $99,450 cash to close to unlock $4,572/yr annual cash flow and $381/mo monthly cash flow. Total monthly income runs $2,519/mo, and a $1,468/mo payment keeps the spread at $381/mo. Purchase price stands at $300,000, and rental yield measures 10.08% with $2,519/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 128.71% and total cumulative return in cash records $128,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,519/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1910
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08048, Lumberton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 3,307 (65.8%) |
| Renter Occupied HU | 1,498 (29.8%) |
| Vacant Housing Units | 221 ( 4.4%) |
| Median Home Value | $473,916 |
| Average Home Value | $506,784 |
Housing Distribution
Address Breakdown
Residential
4,887
Single Family
4,762
Multi-Family
125
Businesses
309
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Listed by: Sam Lepore • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2104164