1214 Walter AvePaulsboroNJ08066
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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 Paulsboro at 1214 Walter Ave, Paulsboro, NJ, 08066 generates $3,046/mo in rent and, after a $1,566/mo payment, leaves $765/mo in cash flow. Total monthly income is $3,046/mo, and annual cash flow is $9,184/yr on $106,080 invested. Return on cash invested sits at 28.57% in year one, and rental yield is 11.42% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 150.52% and total cumulative return in cash sums $159,675. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,046/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
5,040 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08066, Paulsboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,981 (100%) |
| Owner Occupied HU | 1,832 (46.0%) |
| Renter Occupied HU | 1,811 (45.5%) |
| Vacant Housing Units | 338 ( 8.5%) |
| Median Home Value | $204,856 |
| Average Home Value | $299,122 |
Housing Distribution
Address Breakdown
Residential
3,564
Single Family
3,560
Multi-Family
4
Businesses
291
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Listed by: Natosha Gaines • Romano Realty
Mls Name: Bright MLS
Mls ID: #NJGL2066290