108 E Black Horse PikePleasantvilleNJ08232
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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 Pleasantville at 108 E Black Horse Pike, Pleasantville, NJ, 08232 offers a 8.53% rental yield on a $350,000 purchase with $2,488/mo rent. 84% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 103.72% and total cumulative return in cash at $120,338. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,488/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
3,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
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Listed by: Deborah Bair • Keller Williams Realty - Atlantic Shore
Mls Name: Bright MLS
Mls ID: #NJAC2019760