50 Richmond AveLumbertonNJ08048
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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 Lumberton at 50 Richmond Ave, Lumberton, NJ, 08048 with 5% annual appreciation on a $385,000 basis while $3,728/mo rent supports operations. Total monthly income totals $3,728/mo and a $1,884/mo payment preserves $984/mo for cash returns. Annual cash flow comes to $11,810/yr on $127,628 deployed, and return on cash invested reaches 29.16% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 11.62%. Five-year ROI measures 153.72% and total cumulative return in cash totals $196,186.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,728/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1935
0.31 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: Deedra Richardson • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2094390