9 Millbrook DrWillingboroNJ08046
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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
Investment property for sale in Willingboro at 9 Millbrook Dr, Willingboro, NJ, 08046 offers a 12.2% rental yield on a $400,000 purchase with $4,066/mo rent. Total monthly income registers $4,066/mo, and a $1,958/mo payment leaves $1,215/mo available for distribution. Annual cash flow reaches $14,576/yr on $132,600 to close, and return on cash invested stands at 30.9% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 163.03% and total cumulative return in cash at $216,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,066/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Listed by: John DeFeo • Exit Homestead Realty Professi
Mls Name: Bright MLS
Mls ID: #NJBL2094760