109 River Road DrThorofareNJ08086
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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 Thorofare at 109 River Road Dr, Thorofare, NJ, 08086 offers a 8.04% rental yield on a $210,000 purchase with $1,407/mo rent. 36% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 95.74% and total cumulative return in cash at $66,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,407/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08086, Thorofare, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 2,516 (65.6%) |
| Renter Occupied HU | 1,175 (30.6%) |
| Vacant Housing Units | 146 ( 3.8%) |
| Median Home Value | $317,546 |
| Average Home Value | $332,405 |
Housing Distribution
Address Breakdown
Residential
3,766
Single Family
3,491
Multi-Family
275
Businesses
222
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Listed by: Michael Grisko • RE/MAX Preferred - Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJGL2068424