99 N Laurel StBridgetonNJ08302
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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 Bridgeton at 99 N Laurel St, Bridgeton, NJ, 08302 priced at $189,000 converts $2,168/mo rent into $821/mo cash flow after a $925/mo obligation. Total monthly income equals $2,168/mo, and annual cash flow totals $9,851/yr on $62,654 invested. Return on cash invested prints 35.63% in year one, and rental yield reads 13.77% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 188.39% and total cumulative return in cash sums $118,030. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,168/mo property income covering a $925/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
3,780 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08302, Bridgeton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,187 (100%) |
| Owner Occupied HU | 8,758 (54.1%) |
| Renter Occupied HU | 6,134 (37.9%) |
| Vacant Housing Units | 1,295 ( 8.0%) |
| Median Home Value | $250,606 |
| Average Home Value | $297,891 |
Housing Distribution
Address Breakdown
Residential
14,907
Single Family
14,255
Multi-Family
652
Businesses
897
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Listed by: Danielle Casalunovo • Balsley-Losco Realtors
Mls Name: Bright MLS
Mls ID: #NJCB2026354