50 S Main St UNIT 3ALodiNJ07644
Nearby investment properties with comparable rents
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 Lodi at 50 S Main St UNIT 3A, Lodi, NJ, 07644 at $135,000 posts ROI 49.2% with $1,093/mo cash flow from $2,333/mo rent. Total monthly income equals $2,333/mo, and annual cash flow records $13,110/yr on $44,753 to close. Return on cash invested measures 49.2% and rental yield reads 20.74% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 263.93% and total cumulative return in cash totals $118,117.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,333/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1966
N/A lot
$N/A/sqft
$278 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07644, Lodi, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,567 (100%) |
| Owner Occupied HU | 4,236 (40.1%) |
| Renter Occupied HU | 5,912 (55.9%) |
| Vacant Housing Units | 419 ( 4.0%) |
| Median Home Value | $527,335 |
| Average Home Value | $585,640 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
8,453
Multi-Family
317
Businesses
737
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Nearby investment properties with comparable prices
Listed by: Tobiann Conte • Keller Williams Valley Realty
Mls Name: GSMLS
Mls Provider:
Mls ID: #3922461
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