62 Dakota TrailBrowns MillsNJ08015
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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 Browns Mills at 62 Dakota Trail, Browns Mills, NJ, 08015 uses $117,683 cash to close to unlock $11,378/yr annual cash flow and $948/mo monthly cash flow. Total monthly income runs $3,479/mo, and a $1,738/mo payment keeps the spread at $948/mo. Purchase price stands at $355,000, and rental yield measures 11.76% with $3,479/mo rent. Return on cash invested shows 29.58% in year one, and 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 155.95% and total cumulative return in cash records $183,528. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,479/mo property income covering a $1,738/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08015, Browns Mills, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,067 (100%) |
| Owner Occupied HU | 5,818 (72.1%) |
| Renter Occupied HU | 1,598 (19.8%) |
| Vacant Housing Units | 651 ( 8.1%) |
| Median Home Value | $263,425 |
| Average Home Value | $331,488 |
Housing Distribution
Address Breakdown
Residential
7,721
Single Family
7,585
Multi-Family
136
Businesses
202
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Listed by: Roumil Durante • EXP Realty
Mls Name: MoreMLS
Mls ID: #22527234