8730 Ferry RdMillvilleNJ08332
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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 Millville at 8730 Ferry Rd, Millville, NJ, 08332 generates $959/mo in rent and, after a $587/mo payment, leaves $104/mo in cash flow. Total monthly income is $959/mo, and annual cash flow is $1,248/yr on $39,780 invested. Return on cash invested sits at 23.05% in year one, and rental yield is 9.59% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 120.86% and total cumulative return in cash sums $48,079. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $959/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08332, Millville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,288 (100%) |
| Owner Occupied HU | 9,183 (60.1%) |
| Renter Occupied HU | 4,847 (31.7%) |
| Vacant Housing Units | 1,258 ( 8.2%) |
| Median Home Value | $239,111 |
| Average Home Value | $296,530 |
Housing Distribution
Address Breakdown
Residential
14,355
Single Family
13,537
Multi-Family
818
Businesses
799
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Listed by: MICHELE JACKSON • PLATINUM REAL ESTATE
Mls Name: SJSRMLS
Mls ID: #603738