10 Shelbourne LnWillingboroNJ08046
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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
Rental property for sale in Willingboro at 10 Shelbourne Ln, Willingboro, NJ, 08046 priced at $299,000 converts $2,006/mo rent into after a $1,463/mo obligation. Total monthly income equals $2,006/mo. Return on cash invested prints 18.4% in year one, and rental yield reads 8.05% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 96% and total cumulative return in cash sums $95,158. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,006/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1959
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Listed by: Sarah Feingold • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJBL2098868