115 Sheffield DrWillingboroNJ08046
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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
Rental property for sale in Willingboro at 115 Sheffield Dr, Willingboro, NJ, 08046 offers $2,118/mo rent that, after a $1,468/mo payment. Total monthly income is $2,118/mo. Return on cash invested measures 19.67% in year one, and rental yield stands at 8.47% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 102.76% and total cumulative return in cash reaches $102,192. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,118/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
6,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Listed by: Alanna Ralph • HomeSmart Realty Advisors
Mls Name: Bright MLS
Mls ID: #NJBL2103260