124 Running Deer TrlPittsgroveNJ08318
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 Pittsgrove at 124 Running Deer Trl, Pittsgrove, NJ, 08318 priced at $1,100,000 pairs $3,813/mo rent with after a $5,384/mo payment. Total monthly income equals $3,813/mo. Return on cash invested is 6.81% in year one, and rental yield stands at 4.16% on a $1,100,000 basis. Equity gained on principal adds $7,098/yr, and 5% annual appreciation accumulates to $303,910 by year five. Five-year ROI measures 33.76% and total cumulative return in cash reaches $120,331. For financing, Ziffy Mortgage’s DSCR program evaluates $3,813/mo property income against a $5,384/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08318, Elmer, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,755 (100%) |
| Owner Occupied HU | 3,883 (81.7%) |
| Renter Occupied HU | 552 (11.6%) |
| Vacant Housing Units | 320 ( 6.7%) |
| Median Home Value | $324,326 |
| Average Home Value | $429,256 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,626
Multi-Family
0
Businesses
253
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Listed by: Emily Stewart • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJSA2016526