103 W Union StBurlingtonNJ08016
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Nearby investment properties with comparable prices
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 Burlington at 103 W Union St, Burlington, NJ, 08016 offers a 12% rental yield on a $299,000 purchase with $2,989/mo rent. Total monthly income registers $2,989/mo, and a $1,463/mo payment leaves $858/mo available for distribution. Annual cash flow reaches $10,299/yr on $99,119 to close, and return on cash invested stands at 30.3% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 159.83% and total cumulative return in cash at $158,422. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,989/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1840
1,333 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
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Listed by: Chris Seiler • RE/MAX World Class Realty
Mls Name: Bright MLS
Mls ID: #NJBL2095310