Is Browns Mills, NJ a good place to invest in rental property?

Browns Mills, NJ has a median modeled monthly cash flow of $-238 and a median cap rate of 5.4%, on a median sold price of $315,000. Prices changed +0.0% year over year.

What is the average cap rate in Browns Mills, NJ?

The median cap rate across recently sold homes in Browns Mills, NJ is 5.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Browns Mills, NJ?

The median sold price in Browns Mills, NJ is $315,000 (about $244 per square foot).

Investing in Browns Mills, NJ Real Estate

A data-driven snapshot of the Browns Mills, NJ rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$315,000Median sold price

$244Median $/sqft

5.4%Median cap rate

$-238Modeled cash flow / mo

+0.0%Appreciation YoY

6.3Months of supply

82Active listings

157Sold (last 12 mo)

What the Browns Mills numbers say

In Browns Mills, NJ, the median home sold for $315,000 (about $244 per square foot), and the typical deal models out to a 5.4% cap rate with a median $-238 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 6.3 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other New Jersey markets to compare

See Browns Mills cash-flowing listings

CashFlowRE ranks every for-sale home in Browns Mills, NJ by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Browns Mills deals, or browse the national market data.