92 Ginger DrLumbertonNJ08048
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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 Lumberton at 92 Ginger Dr, Lumberton, NJ, 08048 at $315,000 posts ROI 18.27% with from $2,103/mo rent. Total monthly income equals $2,103/mo. Return on cash invested measures 18.27% and rental yield reads 8.01% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 95.32% and total cumulative return in cash totals $99,533. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,103/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1987
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08048, Lumberton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,026 (100%) |
| Owner Occupied HU | 3,307 (65.8%) |
| Renter Occupied HU | 1,498 (29.8%) |
| Vacant Housing Units | 221 ( 4.4%) |
| Median Home Value | $473,916 |
| Average Home Value | $506,784 |
Housing Distribution
Address Breakdown
Residential
4,887
Single Family
4,762
Multi-Family
125
Businesses
309
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Listed by: Ron Kelly • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJBL2093468