4854 Pleasant Mills RdHammontonNJ08037
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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
Total monthly income runs $2,183/mo, and a $3,304/mo payment. Purchase price stands at $675,000, and rental yield measures 3.88% with $2,183/mo rent. Return on cash invested shows 5.86% in year one, and 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 28.69% and total cumulative return in cash records $63,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,183/mo property income covering a $3,304/mo payment rather than investor’s personal income.
Single Family
Built in 1928
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08037, Hammonton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,543 (100%) |
| Owner Occupied HU | 6,839 (71.7%) |
| Renter Occupied HU | 2,173 (22.8%) |
| Vacant Housing Units | 531 ( 5.6%) |
| Median Home Value | $408,668 |
| Average Home Value | $465,869 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
9,293
Multi-Family
147
Businesses
944
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Listed by: Liz Hildebrand • RE/MAX Atlantic
Mls Name: Bright MLS
Mls ID: #NJAC2019120