10 Franklin AveBerlinNJ08009
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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 Berlin at 10 Franklin Ave, Berlin, NJ, 08009 earns $358/mo cash flow from $2,852/mo rent with a $1,713/mo payment. Total monthly income totals $2,852/mo, and annual cash flow totals $4,291/yr on $115,992 capital. ROI tracks 23.61% on current figures, and rental yield reads 9.78% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 123.92% and total cumulative return in cash sums $143,742. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,852/mo property income instead of your personal income.
Single Family
Built in 1982
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08009, Berlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,654 (100%) |
| Owner Occupied HU | 4,330 (76.6%) |
| Renter Occupied HU | 1,079 (19.1%) |
| Vacant Housing Units | 245 ( 4.3%) |
| Median Home Value | $347,480 |
| Average Home Value | $361,330 |
Housing Distribution
Address Breakdown
Residential
6,213
Single Family
6,073
Multi-Family
140
Businesses
585
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Listed by: MOIRA SJOLUND • BHHS Fox & Roach West Ave - Ocean City
Mls Name: Bright MLS
Mls ID: #NJCD2097386