120 3rd AveRoeblingNJ08554
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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 Roebling at 120 3rd Ave, Roebling, NJ, 08554 offers a 11.37% rental yield on a $190,000 purchase with $1,800/mo rent. Total monthly income registers $1,800/mo, and a $930/mo payment leaves $446/mo available for distribution. Annual cash flow reaches $5,348/yr on $62,985 to close, and return on cash invested stands at 28.4% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 149.64% and total cumulative return in cash at $94,248. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1900
2,205 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08554, Roebling, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 1,149 (74.7%) |
| Renter Occupied HU | 300 (19.5%) |
| Vacant Housing Units | 89 ( 5.8%) |
| Median Home Value | $349,731 |
| Average Home Value | $345,657 |
Housing Distribution
Address Breakdown
Residential
1,501
Single Family
1,458
Multi-Family
43
Businesses
68
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Listed by: Mary Bauer • RE/MAX at Home
Mls Name: Bright MLS
Mls ID: #NJBL2094716