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1762 Crown Point Rd Unit 2310 B,
B Composite 70.62
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 +7.5/15.0
  • Condition / age +4.8/5.0
  • Schools +3.4/10.0
  • Rent growth +2.5/5.0
  • Livability +2.5/5.0
  • Appreciation +0.0/10.0

$93,054

1762 Crown Point Rd Unit 2310 B, · West Deptford, NJ 08086
2 bd · 1.0 ba · 780 sqft · Manufactured · 21 Days on market
Built 1970 Excellent condition 4.74 ac lot

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

Listing remarks

Here she is!!! Completely renovated from head to toe. This beauty has a dishwasher, washer & dryer, SS appliances, laminate flooring. Huge brand-new bathroom. Newer windows. Private large lot peaceful. Better than brand new! No taxes Affordable and low GROUND RENT! $544/month. Water and sewer included. New roof, Heater is 2024. New Plumbing, new water hook ups. Completely turnkey. Cert. of OCCUPANCY ALREADY ACQUIRED. You must make three times the land rent and apply to the Willow Woods Park. You really can have it all. Great neighborhood, wonderful school district, affordable. Home Warranty included for peace of mind. Home is being sold strictly as is-but appears better than brand new

Key facts

  • New plumbing
  • Private large lot
  • Newer windows

Tags

COMPLETELY RENOVATEDHUGE BRAND NEW BATHROOMNEWER WINDOWSPRIVATE LARGE LOTNEW ROOFNEW PLUMBING

Property features AI

Finance

  • Other: Not in a federal flood zone; Pets allowed on a case-by-case basis; Directions provided by listing agent; Bus stop less than 1 mile
  • Financial info: Not listed for lease
  • HOA & community: Ground rent paid annually; Land lease approximately $544 per month with 99 years remaining; Property manager present

Exterior

  • Parking: On-street parking (free)
  • Utilities: Community water; Public sewer; Propane utilities
  • Home design: Mobile home (single wide, pre-1976); Main entrance faces north; Land lease ownership (ground rent exists, paid annually)
  • Construction: Aluminum siding and combination/concrete construction; Modular/Manufactured construction; Architectural shingle roof; Above-grade structures
  • Exterior features: Awning(s); Backs to open common area and trees; Partly wooded and secluded setting; Adjoins open space; Side yard; Additional lot(s); Open and landlocked

Interior

  • Bedrooms: 2 bedrooms on main level
  • Flooring: Laminate plank
  • Bathrooms: 1 full bathroom on main level
  • Heating & cooling: Central heating with 90% forced air; Energy Star heating system; Programmable thermostat; Propane (owned) for heating and hot water; Ceiling fans and window air conditioning units; Electric for cooling systems
  • Interior features: Drywall walls and ceilings; Laminate plank flooring; No basement

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 manufactured listed at $93k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $945 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $93k).
  • Recommended offer: $92k (1.5% below list) — sets the bar for market timing.

Location & tenants

  • Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
  • West Deptford Township School District (suburban): math 24% / reading 50% proficiency, ranked #253 of 472 in NJ (top 54%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 20% free/reduced lunch — higher-income household profile.
  • Zoned schools: West Deptford High School (math 32% / reading 57%, grade F, #149 of 399 statewide, top 40%, 781 students, 22% FRL) — zoned schools at 22% FRL track the district average.
  • Market conditions: 39 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 1,047 units permitted in Gloucester County in 2024 (183 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $644 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
  • Gloucester County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
  • At projected returns (-3.0% appreciation + 3.0% rent growth), your $26k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 21 days — a 2% lower offer ($92k) is reasonable based on typical stale-listing flexibility.
Recommended offer $91,658 (1.5% below list)

Questions for the listing agent

  1. Built in 1970 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. 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.
  4. 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.
  5. 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
2.16%
Cap rate
18.48%
Cash-on-cash
43.52%
DSCR
2.94
GRM
3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
40.4%
Equity multiple
2.73×
Total profit
$45,133
Equity at exit
$13,875
10-year hold
IRR
46.7%
Equity multiple
5.49×
Total profit
$116,916
Equity at exit
$8,046

Cash invested: $26,055 (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 08086

Home prices YoY
-5.0%
Active inventory
39
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$2,010 medium interval (Pro) →
Mortgage (P&I)
$488
Tax est. 1.5%
$116 /mo · $1,396/yr
Insurance
$39
HOA
$0
Vacancy / Maint / Mgmt
$422
Net cashflow
$945

Break-even live

Break-even rent $814
Max offer price $93,054
Occupancy floor 48%

Sensitivity live

Price -10% $1,009 -5% $977 +0% $945 +5% $913 +10% $881
Rent -10% $786 -5% $865 +0% $945 +5% $1,024 +10% $1,104
Rate -1.0pp $992 -0.5pp $969 base $945 +0.5pp $921 +1.0pp $896

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
$23,264
Closing costs
$2,792
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.

Rent comps 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
370 Grove Ave West Deptford, NJ 1.0–2.0 1.0–2.0 1050 $2,350 $2.24 2d 1 0.88mi
517 Tatum St West Deptford, NJ 2.0 1.0 722 $2,000 $2.77 24d 1 1.24mi
601 Tatum St West Deptford, NJ 1.0–2.0 1.0 750 $1,650 $2.20 15d 3 1.24mi

Listing history 14 events

  1. 2026-06-18
    days on market $93,054 Active 21 DOM
  2. 2026-06-17
    days on market $93,054 Active 20 DOM
  3. 2026-06-16
    days on market $93,054 Active 19 DOM
  4. 2026-06-15
    days on market $93,054 Active 18 DOM
  5. 2026-06-13
    days on market $93,054 Active 16 DOM
  6. 2026-06-09
    days on market $93,054 Active 12 DOM
  7. 2026-06-08
    days on market $93,054 Active 11 DOM
  8. 2026-06-07
    days on market $93,054 Active 10 DOM
  9. 2026-06-05
    days on market $93,054 Active 7 DOM
  10. 2026-06-03
    days on market $93,054 Active 6 DOM
  11. 2026-06-02
    days on market $93,054 Active 5 DOM
  12. 2026-06-01
    days on market $93,054 Active 4 DOM
  13. 2026-05-31
    days on market $93,054 Active 3 DOM
  14. 2026-05-28
    listed $93,054 Active

ⓘ 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
$24,121
− Mortgage interest
−$5,212
− Property taxes
−$1,396
− Insurance
−$465
− Repairs & maintenance
−$1,930
− Management
−$1,930
− Depreciation
−$2,707
Taxable income
$10,481
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,515
After-tax cash flow
$8,823/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

Excellent 95/100 None rehab

This completely renovated mobile home is move-in ready with a new roof, updated appliances, and fresh landscaping.

Value-add opportunities

  • Both Landscaping — Enhances curb appeal and resale value
  • Both Painting — Fresh paint can make a significant difference in appearance
  • Both Lighting — Improved lighting can make the home more inviting and safer

Renovation cost estimate screening

Value-add ROI direction

  • Both Landscaping — Enhances curb appeal and resale value
  • Both Painting — Fresh paint can make a significant difference in appearance
  • Both Lighting — Improved lighting can make the home more inviting and safer

ⓘ 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
West Deptford Township School District
NCES district ID
3417430
Math proficiency
24% ▼ -21.00%
Reading proficiency
50% ▼ -9.00%
Median HH income
$68,308
Composite
33.65/100
National rank
#5396
State rank
#253 of 472 in NJ

Livability — West Deptford

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Population (ZIP)
8,534

Population outlook (Gloucester County) Hauer SSP2

Today (2025)
298,895 people
By 2030
299,031 · +0.0%
By 2040
294,020 · -1.6%
By 2050
284,188 · -4.9%
By 2075
260,720 · -12.8%
By 2100
229,565 · -23.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (83%)
Race & ethnicity
White 83% Hispanic / Latino 6% Two or more races 5% Black 5% Asian 3%
Hispanic origin (detail)
Puerto Rican 4%
Common ancestry
Romanian 6% Lithuanian 3% Italian 1%
Foreign-born
7% · Canada
Languages at home
92% English-only · Spanish 4% Other Indo-European 3%

Political lean MEDSL · Gloucester

2024 margin
Toss-up / Even · D 47.8% · R 50.6% · Other 1.6%
2008→2024 swing
-15.0pp toward R · 2008: 12.2pp · 2024: -2.8pp
All cycles
2024: R+2.8 2020: D+1.9 2016: R+0.4 2012: D+10.5 2008: D+12.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -13.98%
Current HPI
268.6256
Rent YoY
Metro
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
  • 2026-05-28 Listed $93,054 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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