1003 Hoffman AvePaulsboroNJ08066
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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 Paulsboro at 1003 Hoffman Ave, Paulsboro, NJ, 08066 uses $43,095 cash to close to unlock $956/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,006/mo, and a $636/mo payment keeps the spread at $80/mo. Purchase price stands at $130,000, and rental yield measures 9.29% with $1,006/mo rent. Return on cash invested shows 22.13% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 115.98% and total cumulative return in cash records $49,983. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,006/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,560 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08066, Paulsboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,981 (100%) |
| Owner Occupied HU | 1,832 (46.0%) |
| Renter Occupied HU | 1,811 (45.5%) |
| Vacant Housing Units | 338 ( 8.5%) |
| Median Home Value | $204,856 |
| Average Home Value | $299,122 |
Housing Distribution
Address Breakdown
Residential
3,564
Single Family
3,560
Multi-Family
4
Businesses
291
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Listed by: John Rinick • Prime Realty Partners
Mls Name: Bright MLS
Mls ID: #NJGL2068906