121 Pennant AveBeachwoodNJ08722
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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 Beachwood at 121 Pennant Ave, Beachwood, NJ, 08722 offers a 9.74% rental yield on a $360,000 purchase with $2,921/mo rent. Total monthly income registers $2,921/mo, and a $1,762/mo payment leaves $355/mo available for distribution. Annual cash flow reaches $4,260/yr on $119,340 to close, and return on cash invested stands at 23.48% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 123.21% and total cumulative return in cash at $147,033. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,921/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08722, Beachwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,961 (100%) |
| Owner Occupied HU | 3,406 (86.0%) |
| Renter Occupied HU | 437 (11.0%) |
| Vacant Housing Units | 118 ( 3.0%) |
| Median Home Value | $353,598 |
| Average Home Value | $387,689 |
Housing Distribution
Address Breakdown
Residential
3,877
Single Family
3,877
Multi-Family
0
Businesses
161
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Listed by: N/A • N/A
Mls Name: MoreMLS
Mls ID: #22511597