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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Millville at 607 E Broad St, Millville, NJ, 08332 listed at $250,000 pairs $2,075/mo rent with a $1,224/mo payment to leave $293/mo cash flow. Total monthly income runs $2,075/mo, and annual cash flow reaches $3,512/yr on $82,875 cash to close. Return on cash invested measures 24.15% in year one, and rental yield registers 9.96% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 126.82% and total cumulative return in cash totals $105,106. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,075/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1924
10,415 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08332, Millville, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,288 (100%) |
| Owner Occupied HU | 9,183 (60.1%) |
| Renter Occupied HU | 4,847 (31.7%) |
| Vacant Housing Units | 1,258 ( 8.2%) |
| Median Home Value | $239,111 |
| Average Home Value | $296,530 |
Residential
14,355
Single Family
13,537
Multi-Family
818
Businesses
799
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Brittany Lopez • Keller Williams Prime Realty
Mls Name: Bright MLS
Mls ID: #NJCB2027356
