Turnkey Real Estate Investment - Millville, NJ

This listing presents a turnkey real estate investment opportunity in Millville, NJ, utilizing a Hybrid REI Model. The offering focuses on a Contract for Deed agreement where an investor purchases a property with a vetted resident buyer already in place. The resident buyer, a paralegal with existing real estate experience, intends to use the property as a primary residence and has demonstrated financial capacity and loan pre-approval, though further qualification is needed for a higher loan amount. The investor benefits from immediate cash flow (approximately $600/month), with the resident buyer responsible for most maintenance and repairs, thus maximizing the net operating income of $7,200 annually. The investor retains ownership and tax benefits until the resident buyer exercises their option to purchase, typically within a 5-7 year term, at which point the property is sold at an appreciated price. The asking price for this investment is $270,000, with a stated Cap Rate of 6%.