122 East AveSwedesboroNJ08085
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Swedesboro at 122 East Ave, Swedesboro, NJ, 08085 priced at $399,900 converts $3,624/mo rent into $774/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,624/mo, and annual cash flow totals $9,287/yr on $132,567 invested. Return on cash invested prints 26.91% in year one, and rental yield reads 10.87% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 141.63% and total cumulative return in cash sums $187,760. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,624/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1942
10,140 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08085, Swedesboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 6,512 (81.7%) |
| Renter Occupied HU | 1,171 (14.7%) |
| Vacant Housing Units | 290 ( 3.6%) |
| Median Home Value | $423,300 |
| Average Home Value | $441,147 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
7,542
Multi-Family
249
Businesses
678
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Listed by: Joanna Papadaniil • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2065162