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2110 Mays Landing Rd #37
C+ Composite 62.2
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Condition / age +4.0/5.0
  • Livability +3.3/5.0
  • Rent growth +3.0/5.0
  • Schools +1.9/10.0
  • ARV discount +0.0/15.0
  • Appreciation +0.0/10.0

$80,000

2110 Mays Landing Rd #37 · Vineland, NJ 08332
2 bd · 1.0 ba · 803 sqft · SingleFamily · 8 Days on market
Built 1996 Good condition Est $55k · 44% over

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Welcome home to this well cared for and completely updated 2BD/1BA single-wide nestled in the desirable Fairview Manor community! From the moment you walk in, you will notice the bright and airy open floor plan, vaulted ceilings and beautiful luxury vinyl flooring that flows throughout. Renovated kitchen features white shaker cabinets, granite countertops, mosaic tile backsplash and stainless steel appliances including gas range and French door refrigerator. The updated bath features a granite vanity and sleek walk-in glass shower. Both spacious bedrooms are generously sized with ceiling fans and ample closet space. In-unit laundry, private 2-car driveway and oversized deck make everyday li

Key facts

  • In-unit laundry
  • Updated kitchen
  • Granite countertops

Tags

UPDATED KITCHENGRANITE COUNTERTOPSMOSAIC TILE BACKSPLASHSTAINLESS STEEL APPLIANCESWALK-IN GLASS SHOWERIN-UNIT LAUNDRY

Property features AI

Finance

  • HOA & community: Land lease of $942 per month; Land lease years remaining: 99

Exterior

  • Parking: Two driveway spaces; Off-street and on-street parking available; Asphalt driveway; Total of 2 garage/parking spaces
  • Utilities: Public water; Community septic tank; Electric service (100 Amp); Natural gas for heating and hot water
  • Home design: Manufactured home (single wide); Land lease community; Estimated year built; Above grade living area approximately 803 finished square feet
  • Construction: Vinyl siding; Crawl space foundation; Above-grade construction
  • Exterior features: Exterior lighting; Community pool; Vehicle transfer area (accessibility feature)

Interior

  • Kitchen: Six-burner stove; Gas oven/range; Dishwasher; Refrigerator; Exhaust fan
  • Bedrooms: Two bedrooms on the main level
  • Flooring: Vinyl flooring
  • Bathrooms: One full bathroom on the main level
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning; 100 amp electric service; Natural gas hot water
  • Interior features: Open floor plan; Combination kitchen/dining and kitchen/living areas; Dining area; Entry-level bedroom; Stall shower; Ceiling fan(s); Window treatments
  • Laundry & utility: Stacked washer/dryer in unit (main floor)

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath single-family listed at $80k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $682 ($8k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Cap rate 16.5% vs local median 4.5% in Vineland — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 66/100 on livability (#363 in NJ) — a middle-class / working-renter tenant base. Strengths: housing A+, health & safety A+; Watch: employment D+, schools D, crime F.
  • Vineland Public School District (urban): math 9% / reading 34% proficiency, ranked #418 of 472 in NJ (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents rising (+1.9%/yr); 296 active listings in the ZIP; 216 units permitted in Cumberland County in 2024 (73 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Cumberland County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 1.9% rent growth), your $22k cash investment doubles in ~4 years — after that, you're playing with house money.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
Recommended offer $80,000

Questions for the listing agent

  1. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  2. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  3. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.95%
Cap rate
16.52%
Cash-on-cash
36.51%
DSCR
2.62
GRM
4.3

CMA / ARV

ARV (on-the-fly)
$55,407
Comps found
2
Show comp detail 2 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2110 Mays Landing Rd Lot 287 0.07mi 3/1.0 (+1) 900 (+12%) 4mo $62,500 $69 68
2110 Mays Landing Rd #25 0.00mi 2/1.0 900 (+12%) 20mo $60,000 $67 64

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.94% rent growth · sell at horizon

5-year hold
IRR
31.1%
Equity multiple
2.29×
Total profit
$28,820
Equity at exit
$11,928
10-year hold
IRR
37.7%
Equity multiple
4.32×
Total profit
$74,464
Equity at exit
$6,917

Cash invested: $22,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
21 Tenant-Leaning
State New Jersey
21 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

ZIP-level market 08332

Home prices YoY
-28.9%
Rents YoY
1.9%
Active inventory
296
Price-to-rent
4.3×

Monthly cashflow live

Estimated rent
$1,563 medium interval (Pro) →
Mortgage (P&I)
$420
Tax est. 1.5%
$100 /mo · $1,200/yr
Insurance
$33
HOA
$0
Vacancy / Maint / Mgmt
$328
Net cashflow
$682

Break-even live

Break-even rent $700
Max offer price $80,000
Occupancy floor 51%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$20,000
Closing costs
$2,400
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 7 events

  1. 2026-06-16
    days on market $80,000 Active 8 DOM
  2. 2026-06-15
    days on market $80,000 Active 7 DOM
  3. 2026-06-14
    days on market $80,000 Active 5 DOM
  4. 2026-06-13
    days on market $80,000 Active 4 DOM
  5. 2026-06-10
    days on market $80,000 Active 2 DOM
  6. 2026-06-09
    remarks 699-char remark
  7. 2026-06-09
    listed $80,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,751
− Mortgage interest
−$4,481
− Property taxes
−$1,200
− Insurance
−$400
− Repairs & maintenance
−$1,500
− Management
−$1,500
− Depreciation
−$2,327
Taxable income
$7,342
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,762
After-tax cash flow
$6,417/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 80/100 Cosmetic rehab

This single-wide mobile home is well-maintained and updated, with good condition throughout. It offers a good investment opportunity with potential for further updates to enhance its resale and rental value.

Value-add opportunities

  • Both Paint exterior siding — Enhances curb appeal and value
  • Resale Replace countertops — Modernizes kitchen and adds value
  • Resale Replace flooring — Modernizes living spaces and adds value

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint exterior siding — Enhances curb appeal and value
  • Resale Replace countertops — Modernizes kitchen and adds value
  • Resale Replace flooring — Modernizes living spaces and adds value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Vineland Public School District
NCES district ID
3416800
Math proficiency
9% ▼ -17.00%
Reading proficiency
34% ▬ 0.00%
Median HH income
$51,168
Composite
19.17/100
National rank
#8819
State rank
#418 of 472 in NJ

Livability — Vineland

Score
66/100
State rank
#363
US rank
#12180

Category grades

Amenities F Commute F Cost of living C Crime F Employment D+ Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Vineland, NJ
County
Cumberland County · 80,266 people
City population
45,038
Metro
Vineland-Bridgeton, NJ
Population (ZIP)
35,228
Household income
$67,496
Rent vs Own
32.6% rent · 67.4% own
Severe rent burden
1761.0

Population outlook (Cumberland County) Hauer SSP2

Today (2025)
152,743 people
By 2030
150,373 · -1.6%
By 2040
146,881 · -3.8%
By 2050
142,653 · -6.6%
By 2075
129,468 · -15.2%
By 2100
107,456 · -29.6%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.60)
Race & ethnicity
White 59% Hispanic / Latino 17% Black 15% Two or more races 11% Asian 2%
Hispanic origin (detail)
Mexican 4% Puerto Rican 10%
Common ancestry
Romanian 4% Lithuanian 2% Slovak 1%
Foreign-born
7% · Canada
Languages at home
85% English-only · Spanish 11% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Cumberland

2024 margin
Toss-up / Even · D 47.6% · R 51.3% · Other 1.1%
2008→2024 swing
-25.4pp toward R · 2008: 21.6pp · 2024: -3.8pp
All cycles
2024: R+3.8 2020: D+6.0 2016: D+5.3 2012: D+23.1 2008: D+21.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -111.45%
Current HPI
274.8011
Rent YoY
▲ 1.94%
Metro
Vineland-Bridgeton, NJ
State GDP YoY
▲ 2.05%
F500 in state
34

Industry mix (Fortune 500 HQ in NJ)

Industry F500 HQs Revenue

Price history

1 event — show timeline
  • 2026-06-08 Listed $80,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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