1009 Hessian AveWest DeptfordNJ08093
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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 West Deptford at 1009 Hessian Ave, West Deptford, NJ, 08093 offers a 8.69% rental yield on a $425,000 purchase with $3,077/mo rent. Total monthly income registers $3,077/mo, and a $2,080/mo payment leaves $48/mo available for distribution. Annual cash flow reaches $574/yr on $140,888 to close, and return on cash invested stands at 20.32% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 106.26% and total cumulative return in cash at $149,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,077/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08093, Westville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,462 (100%) |
| Owner Occupied HU | 2,542 (57.0%) |
| Renter Occupied HU | 1,611 (36.1%) |
| Vacant Housing Units | 309 ( 6.9%) |
| Median Home Value | $246,851 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,242
Single Family
3,998
Multi-Family
244
Businesses
330
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Listed by: Christopher Sooy • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2061342