505 S BroadwayGloucester CityNJ08030
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 Gloucester City at 505 S Broadway, Gloucester City, NJ, 08030 at $185,000 posts ROI 21.41% with $77/mo cash flow from $1,395/mo rent. Total monthly income equals $1,395/mo, and annual cash flow records $922/yr on $61,328 to close. Return on cash invested measures 21.41% and rental yield reads 9.05% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 112.14% and total cumulative return in cash totals $68,775.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,395/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1918
767 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08030, Gloucester City, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,470 (100%) |
| Owner Occupied HU | 3,194 (58.4%) |
| Renter Occupied HU | 1,813 (33.1%) |
| Vacant Housing Units | 463 ( 8.5%) |
| Median Home Value | $219,530 |
| Average Home Value | $291,694 |
Housing Distribution
Address Breakdown
Residential
5,287
Single Family
5,076
Multi-Family
211
Businesses
383
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Nearby investment properties with comparable prices
Listed by: Lauren Quinn • Prime Realty Partners
Mls Name: Bright MLS
Mls ID: #NJCD2105444