1 John PennTurnersvilleNJ08012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Turnersville at 1 John Penn, Turnersville, NJ, 08012 at $180,000 posts ROI 21.84% with $96/mo cash flow from $1,379/mo rent. Total monthly income equals $1,379/mo, and annual cash flow records $1,152/yr on $59,670 to close. Return on cash invested measures 21.84% and rental yield reads 9.19% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 114.4% and total cumulative return in cash totals $68,261.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,379/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marybeth Oates • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJGL2059382