123 Park AveCollingswoodNJ08108
Nearby investment properties with comparable rents
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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 Collingswood at 123 Park Ave, Collingswood, NJ, 08108 offers $2,824/mo rent that, after a $2,936/mo payment. Total monthly income is $2,824/mo. Return on cash invested measures 11.23% in year one, and rental yield stands at 5.65% at a $599,900 entry. Equity gained on principal adds $3,871/yr while 5% annual appreciation compounds into $165,741 by year five. Five-year ROI records 57.54% and total cumulative return in cash reaches $113,572. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,824/mo property income versus a $2,936/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
4,922 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08108, Collingswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,359 (64.2%) |
| Renter Occupied HU | 2,583 (30.9%) |
| Vacant Housing Units | 408 ( 4.9%) |
| Median Home Value | $429,272 |
| Average Home Value | $473,573 |
Housing Distribution
Address Breakdown
Residential
8,292
Single Family
6,562
Multi-Family
1,730
Businesses
675
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Listed by: Bernadette Augello • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJCD2106880