485 Lummistown RdCedarvilleNJ08311
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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 Cedarville at 485 Lummistown Rd, Cedarville, NJ, 08311 at $340,000 posts ROI 14.98% with from $1,960/mo rent. Total monthly income equals $1,960/mo. Return on cash invested measures 14.98% and rental yield reads 6.92% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 77.63% and total cumulative return in cash totals $87,498. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,960/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08311, Cedarville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 792 (100%) |
| Owner Occupied HU | 592 (74.7%) |
| Renter Occupied HU | 108 (13.6%) |
| Vacant Housing Units | 92 (11.6%) |
| Median Home Value | $230,968 |
| Average Home Value | $268,953 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Desiree Sheppard • Coldwell Banker Excel Realty
Mls Name: Bright MLS
Mls ID: #NJCB2026636