663 Tomlin Station RdMullica HillNJ08062
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
Rental property for sale in Mullica Hill at 663 Tomlin Station Rd, Mullica Hill, NJ, 08062 priced at $1,625,000 pairs $5,022/mo rent with after a $7,954/mo payment. Total monthly income equals $5,022/mo. Return on cash invested is 5.42% in year one, and rental yield stands at 3.71% on a $1,625,000 basis. Equity gained on principal adds $10,486/yr, and 5% annual appreciation accumulates to $448,958 by year five. Five-year ROI measures 26.28% and total cumulative return in cash reaches $138,376. For financing, Ziffy Mortgage’s DSCR program evaluates $5,022/mo property income against a $7,954/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1809
93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08062, Mullica Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 5,204 (85.5%) |
| Renter Occupied HU | 648 (10.7%) |
| Vacant Housing Units | 232 ( 3.8%) |
| Median Home Value | $555,112 |
| Average Home Value | $561,427 |
Housing Distribution
Address Breakdown
Residential
6,008
Single Family
5,944
Multi-Family
64
Businesses
390
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Listed by: Veronica (Ronny) Merriel • Gruber Real Estate Agency Inc.
Mls Name: Bright MLS
Mls ID: #NJGL2060650