912 Main StPort NorrisNJ08349
Nearby investment properties with comparable rents
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
Investment property for sale in Port Norris at 912 Main St, Port Norris, NJ, 08349 uses $39,780 cash to close to unlock $1,176/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $953/mo, and a $587/mo payment keeps the spread at $98/mo. Purchase price stands at $120,000, and rental yield measures 9.53% with $953/mo rent. Return on cash invested shows 22.87% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 119.93% and total cumulative return in cash records $47,707. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $953/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1890
100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08349, Port Norris, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 850 (100%) |
| Owner Occupied HU | 532 (62.6%) |
| Renter Occupied HU | 168 (19.8%) |
| Vacant Housing Units | 150 (17.6%) |
| Median Home Value | $198,148 |
| Average Home Value | $266,570 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sean McCarron • Exit Homestead Realty Professi
Mls Name: Bright MLS
Mls ID: #NJCB2025140