109 Penn StRivertonNJ08077
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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 Riverton at 109 Penn St, Riverton, NJ, 08077 listed at $615,000 pairs $4,339/mo rent with a $3,010/mo payment. Total monthly income runs $4,339/mo. Return on cash invested measures 19.8% in year one, and rental yield registers 8.47% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 103.45% and total cumulative return in cash totals $209,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,339/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1852
9,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08077, Riverton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,792 (100%) |
| Owner Occupied HU | 6,238 (80.1%) |
| Renter Occupied HU | 1,113 (14.3%) |
| Vacant Housing Units | 441 ( 5.7%) |
| Median Home Value | $419,481 |
| Average Home Value | $474,465 |
Housing Distribution
Address Breakdown
Residential
7,776
Single Family
7,437
Multi-Family
339
Businesses
822
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Listed by: Lindsay Mills • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2099050