468 Richards RdBridgetonNJ08302
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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 Bridgeton at 468 Richards Rd, Bridgeton, NJ, 08302 listed at $289,999 pairs $2,261/mo rent with a $1,419/mo payment to leave $194/mo cash flow. Total monthly income runs $2,261/mo, and annual cash flow reaches $2,332/yr on $96,135 cash to close. Return on cash invested measures 22.33% in year one, and rental yield registers 9.36% at a $289,999 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,121 by year five. Five-year ROI tracks 117.11% and total cumulative return in cash totals $112,588. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,261/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.80 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: Tracey Giordano • Coldwell Banker Excel Realty
Mls Name: Bright MLS
Mls ID: #NJCB2026196