116 Cornwall NWillingboroNJ08046
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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 Willingboro at 116 Cornwall N, Willingboro, NJ, 08046 with 5% annual appreciation on a $380,000 basis while $3,420/mo rent supports operations. Total monthly income totals $3,420/mo and a $1,860/mo payment preserves $711/mo for cash returns. Annual cash flow comes to $8,536/yr on $125,970 deployed, and return on cash invested reaches 26.69% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 10.8%. Five-year ROI measures 140.44% and total cumulative return in cash totals $176,917.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,420/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1925
1,100 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: JENNIFER POWELL • Soleil Sotheby's International Realty - A
Mls Name: SJSRMLS
Mls ID: #603500