128 Oakcrest AvePitmanNJ08071
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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 Pitman at 128 Oakcrest Ave, Pitman, NJ, 08071 earns $483/mo cash flow from $3,262/mo rent with a $1,908/mo payment. Total monthly income totals $3,262/mo, and annual cash flow totals $5,799/yr on $129,252 capital. ROI tracks 24.4% on current figures, and rental yield reads 10.04% at a $389,900 purchase. Equity gained on principal adds $2,516/yr, and 5% annual appreciation supports $107,722 over five years. Five-year ROI reaches 128.15% and total cumulative return in cash sums $165,637. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,262/mo property income instead of your personal income.
Single Family
Built in 1920
5,828 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Housing Distribution
Address Breakdown
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
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Listed by: Sheri Klein • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJGL2064518