75 N Main StMullica 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 75 N Main St, Mullica Hill, NJ, 08062 priced at $489,900 pairs $3,512/mo rent with $20/mo cash flow after a $2,398/mo payment. Total monthly income equals $3,512/mo, and annual cash flow comes to $239/yr on $162,402 invested. Return on cash invested is 20.06% in year one, and rental yield stands at 8.6% on a $489,900 basis. Equity gained on principal adds $3,161/yr, and 5% annual appreciation accumulates to $135,350 by year five. Five-year ROI measures 104.85% and total cumulative return in cash reaches $170,285. For financing, Ziffy Mortgage’s DSCR program evaluates $3,512/mo property income against a $2,398/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.50 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Settar • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2068806