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2110 Mays Landing Rd #225
B- Composite 69.55
Why this score? — see what drove the B- 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
  • ARV discount +8.8/15.0
  • Livability +3.3/5.0
  • Rent growth +3.0/5.0
  • Condition / age +2.5/5.0
  • Schools +1.9/10.0
  • Appreciation +0.0/10.0

$85,000

2110 Mays Landing Rd #225 · Vineland, NJ 08332
3 bd · 2.0 ba · 1,153 sqft · SingleFamily · 119 Days on market
Built 2005 Est $88k · at est. ↓ 15% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Seller will pay buyer's first month's lot rent! Welcome to this well-maintained 3-bedroom, 2-bath manufactured home in Fairview Manor Mobile Home Park. The split-bedroom floor plan offers privacy, with the primary suite located on one end of the home and two additional bedrooms with a full bath on the opposite end. The spacious kitchen features a large island, ample storage space with plenty of counter space and opens to a generously sized living room—perfect for everyday living and entertaining. A full laundry room is conveniently located just off the kitchen for added functionality and ease. Park is in the Vineland school district.

Key facts

  • Ample storage space
  • Primary suite
  • Spacious kitchen

Tags

SPLIT-BEDROOM FLOOR PLANPRIMARY SUITESPACIOUS KITCHENLARGE ISLANDAMPLE STORAGE SPACEGENEROUSLY SIZED LIVING ROOM

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 3-bed/2.0-bath single-family listed at $85k.

Deal economics

  • At list price, monthly cash flow is $1k ($12k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $85k).
  • Recommended offer: $77k (9.0% below list) — sets the bar for market timing.
  • Cap rate 20.9% 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).
  • This rent runs 36% of the median local income ($67k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $588 of loan paydown is wiped out by about $3k 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 $24k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 119 days — a 9% lower offer ($77k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $15k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $77,350 (9.0% below list)

Questions for the listing agent

  1. It's been on market 119 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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?
  5. 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?
  6. 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.
  7. 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.
  8. 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
2.41%
Cap rate
20.86%
Cash-on-cash
52.02%
DSCR
3.31
GRM
3.5

CMA / ARV

ARV (on-the-fly)
$87,628
Comps found
3
Show comp detail 3 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2110 Mayslanding Rd #34 0.11mi 2/2.0 (-1) 1,056 (-8%) 14mo $79,999 $76 64
2110 Mays Landing Rd #173 0.10mi 3/2.0 1,248 (+8%) 21mo $82,000 $66 64
2110 Mayslanding Rd #161 0.11mi 2/2.0 (-1) 980 (-15%) 11mo $80,000 $82 56

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
48.8%
Equity multiple
3.09×
Total profit
$49,804
Equity at exit
$12,674
10-year hold
IRR
53.9%
Equity multiple
6.02×
Total profit
$119,417
Equity at exit
$7,349

Cash invested: $23,800 (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
3.5×

Monthly cashflow live

Estimated rent
$2,050 medium interval (Pro) →
Mortgage (P&I)
$446
Tax est. 1.5%
$106 /mo · $1,275/yr
Insurance
$35
HOA
$0
Vacancy / Maint / Mgmt
$430
Net cashflow
$1,032

Break-even live

Break-even rent $744
Max offer price $85,000
Occupancy floor 45%

Sensitivity live

Price -10% $1,090 -5% $1,061 +0% $1,032 +5% $1,002 +10% $973
Rent -10% $870 -5% $951 +0% $1,032 +5% $1,113 +10% $1,194
Rate -1.0pp $1,075 -0.5pp $1,053 base $1,032 +0.5pp $1,010 +1.0pp $987

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
$21,250
Closing costs
$2,550
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 21 events

  1. 2026-06-19
    days on market $85,000 Active 119 DOM
  2. 2026-06-18
    days on market $85,000 Active 118 DOM
  3. 2026-06-17
    days on market $85,000 Active 117 DOM
  4. 2026-06-16
    days on market $85,000 Active 116 DOM
  5. 2026-06-15
    days on market $85,000 Active 115 DOM
  6. 2026-06-14
    days on market $85,000 Active 113 DOM
  7. 2026-06-13
    days on market $85,000 Active 112 DOM
  8. 2026-06-10
    days on market $85,000 Active 110 DOM
  9. 2026-06-09
    days on market $85,000 Active 109 DOM
  10. 2026-06-08
    days on market $85,000 Active 108 DOM
  11. 2026-06-07
    days on market $85,000 Active 107 DOM
  12. 2026-06-03
    days on market $85,000 Active 103 DOM
  13. 2026-06-02
    days on market $85,000 Active 102 DOM
  14. 2026-06-01
    days on market $85,000 Active 101 DOM
  15. 2026-05-31
    days on market $85,000 Active 100 DOM
  16. 2026-05-30
    days on market $85,000 Active 99 DOM
  17. 2026-05-19
    status Active 650-char remark
    Show marketing remark (650 chars)

    Seller will pay buyer's first month's lot rent! Welcome to this well-maintained 3-bedroom, 2-bath manufactured home in Fairview Manor Mobile Home Park. The split-bedroom floor plan offers privacy, with the primary suite located on one end of the home and two additional bedrooms with a full bath on the opposite end. The spacious kitchen features a large island, ample storage space with plenty of counter space and opens to a generously sized living room—perfect for everyday living and entertaining. A full laundry room is conveniently located just off the kitchen for added functionality and ease. Park is in the Vineland school district.

  18. 2026-05-12
    status Pending 650-char remark
    Show marketing remark (650 chars)

    Seller will pay buyer's first month's lot rent! Welcome to this well-maintained 3-bedroom, 2-bath manufactured home in Fairview Manor Mobile Home Park. The split-bedroom floor plan offers privacy, with the primary suite located on one end of the home and two additional bedrooms with a full bath on the opposite end. The spacious kitchen features a large island, ample storage space with plenty of counter space and opens to a generously sized living room—perfect for everyday living and entertaining. A full laundry room is conveniently located just off the kitchen for added functionality and ease. Park is in the Vineland school district.

  19. 2026-04-16
    price $85,000 650-char remark
    Show marketing remark (650 chars)

    Seller will pay buyer's first month's lot rent! Welcome to this well-maintained 3-bedroom, 2-bath manufactured home in Fairview Manor Mobile Home Park. The split-bedroom floor plan offers privacy, with the primary suite located on one end of the home and two additional bedrooms with a full bath on the opposite end. The spacious kitchen features a large island, ample storage space with plenty of counter space and opens to a generously sized living room—perfect for everyday living and entertaining. A full laundry room is conveniently located just off the kitchen for added functionality and ease. Park is in the Vineland school district.

  20. 2026-03-24
    price $94,000 650-char remark
    Show marketing remark (650 chars)

    Seller will pay buyer's first month's lot rent! Welcome to this well-maintained 3-bedroom, 2-bath manufactured home in Fairview Manor Mobile Home Park. The split-bedroom floor plan offers privacy, with the primary suite located on one end of the home and two additional bedrooms with a full bath on the opposite end. The spacious kitchen features a large island, ample storage space with plenty of counter space and opens to a generously sized living room—perfect for everyday living and entertaining. A full laundry room is conveniently located just off the kitchen for added functionality and ease. Park is in the Vineland school district.

  21. 2026-02-13
    listed $100,000 Active 650-char remark
    Show marketing remark (650 chars)

    Seller will pay buyer's first month's lot rent! Welcome to this well-maintained 3-bedroom, 2-bath manufactured home in Fairview Manor Mobile Home Park. The split-bedroom floor plan offers privacy, with the primary suite located on one end of the home and two additional bedrooms with a full bath on the opposite end. The spacious kitchen features a large island, ample storage space with plenty of counter space and opens to a generously sized living room—perfect for everyday living and entertaining. A full laundry room is conveniently located just off the kitchen for added functionality and ease. Park is in the Vineland school district.

ⓘ 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
$24,594
− Mortgage interest
−$4,761
− Property taxes
−$1,275
− Insurance
−$425
− Repairs & maintenance
−$1,968
− Management
−$1,968
− Depreciation
−$2,473
Taxable income
$11,725
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,814
After-tax cash flow
$9,566/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.

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

-15.0% since first listed
5 events — show timeline
  • 2026-05-19 Relisted BRIGHT MLS
  • 2026-05-12 Pending BRIGHT MLS
  • 2026-04-16 Price Changed $85,000 BRIGHT MLS
  • 2026-03-24 Price Changed $94,000 BRIGHT MLS
  • 2026-02-13 Listed $100,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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