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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Penns Grove at 111 E Del A Vue Ave, Penns Grove, NJ, 08069 priced at $375,000 converts $2,280/mo rent into after a $1,835/mo obligation. Total monthly income equals $2,280/mo. Return on cash invested prints 16.12% in year one, and rental yield reads 7.3% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 83.76% and total cumulative return in cash sums $104,127. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,280/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08069, Penns Grove, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,061 (100%) |
| Owner Occupied HU | 3,079 (50.8%) |
| Renter Occupied HU | 2,317 (38.2%) |
| Vacant Housing Units | 665 (11.0%) |
| Median Home Value | $209,820 |
| Average Home Value | $314,811 |
Residential
5,212
Single Family
4,783
Multi-Family
429
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-02-05 | Listed for sale | $375,000 |
| 2024-12-19 | Listing removed | $375,000 |
| 2024-11-11 | Listed for sale | $375,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $4000.40 | 3.57% | $108,500 | N/A |
| 2023-02-18 | $3862.60 | 7.29% | $108,500 | N/A |
| 2022-02-18 | $3600.03 | -0.87% | $108,500 | N/A |
Listed by: Sami Pala • Realty One Group Legend
Mls Name: GSMLS
Mls Provider:
Mls ID: #3934505
Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
