83 E Creek Mill Rd #148WoodbineNJ08270
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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 Woodbine at 83 E Creek Mill Rd #148, Woodbine, NJ, 08270 generates $1,069/mo in rent and, after a $685/mo payment, leaves $72/mo in cash flow. Total monthly income is $1,069/mo, and annual cash flow is $859/yr on $46,377 invested. Return on cash invested sits at 21.76% in year one, and rental yield is 9.17% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 114.04% and total cumulative return in cash sums $52,887. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,069/mo property income rather than buyer’s personal income.
Manufactured
Built in 1991
2,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08270, Woodbine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,409 (72.5%) |
| Renter Occupied HU | 473 (14.2%) |
| Vacant Housing Units | 440 (13.2%) |
| Median Home Value | $453,687 |
| Average Home Value | $496,683 |
Housing Distribution
Address Breakdown
Residential
2,748
Single Family
2,747
Multi-Family
1
Businesses
142
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Listed by: Carlotta L. Ackley • CENTURY 21 ALLIANCE wc
Mls Name: CMCAOR
Mls ID: #251614