917 Louis DrMillvilleNJ08332
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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 Millville at 917 Louis Dr, Millville, NJ, 08332 earns $597/mo cash flow from $2,700/mo rent with a $1,444/mo payment. Total monthly income totals $2,700/mo, and annual cash flow totals $7,166/yr on $97,793 capital. ROI tracks 27.24% on current figures, and rental yield reads 10.98% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 143.41% and total cumulative return in cash sums $140,246. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,700/mo property income instead of your personal income.
Single Family
Built in 1976
0.26 Acres 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: Derek Doernbach • Century 21 Action Plus Realty - Northfield
Mls Name: Bright MLS
Mls ID: #NJCB2027980