8 Annette TerLodiNJ07644
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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
Rental property for sale in Lodi at 8 Annette Ter, Lodi, NJ, 07644 offers $4,200/mo rent that, after a $2,202/mo payment, leaves $993/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $11,919/yr on $149,142 cash. Return on cash invested measures 27.9% in year one, and rental yield stands at 11.2% at a $449,900 entry. Equity gained on principal adds $2,903/yr while 5% annual appreciation compounds into $124,299 by year five. Five-year ROI records 146.95% and total cumulative return in cash reaches $219,166. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $2,202/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 07644, Lodi, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,567 (100%) |
| Owner Occupied HU | 4,236 (40.1%) |
| Renter Occupied HU | 5,912 (55.9%) |
| Vacant Housing Units | 419 ( 4.0%) |
| Median Home Value | $527,335 |
| Average Home Value | $585,640 |
Housing Distribution
Address Breakdown
Residential
8,770
Single Family
8,453
Multi-Family
317
Businesses
737
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Listed by: Colleen Mcmahon • C-21 Crest Real Estate, Inc.
Mls Name: GSMLS
Mls ID: #4001114