102 Avignon Way, Pennsauken, NJ, 08109 | $498/mo Cash Flow

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102 Avignon Way, Pennsauken, NJ, 08109 | $498/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pennsauken at 102 Avignon Way, Pennsauken, NJ, 08109 uses $72,897 cash to close to unlock $5,975/yr annual cash flow and $498/mo monthly cash flow. Total monthly income runs $2,065/mo, and a $1,076/mo payment keeps the spread at $498/mo. Purchase price stands at $219,900, and rental yield measures 11.27% with $2,065/mo rent. Return on cash invested shows 28.11% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 148.03% and total cumulative return in cash records $107,908. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,065/mo property income covering a $1,076/mo payment rather than investor’s personal income.

Condo

Built in 1984

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 102 Avignon a beautifully updated first-floor condominium with a full basement in the desirable Avignon community of Pennsauken. Perfectly located near Cherry Hill, major shopping, dining, and quick access to Philadelphia, this home offers style and convenience in one. Step inside to an open and inviting layout featuring granite kitchen countertops, updated cabinets, and stainless steel appliances. The spacious great room flows effortlessly for entertaining, while updated windows, sliding door, HVAC, and water heater provide peace of mind and energy efficiency. Enjoy durable engineered wood and ceramic flooring, recessed lighting, and a comfortable owners suite with direct access to a sparkling full bath. The full-height basement adds incredible storage and future finishing potential, and the private covered patio is perfect for relaxing outdoors. Experience easy living in a beautifully maintained community with modern upgrades throughout 102 Avignon is move-in ready and waiting for you!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08109, Merchantville, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,321 (100%)
Owner Occupied HU	6,318 (67.8%)
Renter Occupied HU	2,597 (27.9%)
Vacant Housing Units	406 ( 4.4%)
Median Home Value	$280,019
Average Home Value	$303,316