806 Woodchip RdLumbertonNJ08048
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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 Lumberton at 806 Woodchip Rd, Lumberton, NJ, 08048 offers $2,028/mo rent that, after a $1,046/mo payment, leaves $355/mo cash flow. Total monthly income is $2,028/mo, and annual cash flow is $4,257/yr on $70,842 cash. Return on cash invested measures 25.92% in year one, and rental yield stands at 11.39% at a $213,700 entry. Equity gained on principal adds $1,379/yr while 5% annual appreciation compounds into $59,041 by year five. Five-year ROI records 137.21% and total cumulative return in cash reaches $97,201. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,028/mo property income versus a $1,046/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
3,484 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08048, Lumberton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 3,307 (65.8%) |
| Renter Occupied HU | 1,498 (29.8%) |
| Vacant Housing Units | 221 ( 4.4%) |
| Median Home Value | $473,916 |
| Average Home Value | $506,784 |
Housing Distribution
Address Breakdown
Residential
4,887
Single Family
4,762
Multi-Family
125
Businesses
309
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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