13 Bordenshire DrBordentownNJ08505
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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 Bordentown at 13 Bordenshire Dr, Bordentown, NJ, 08505 priced at $389,900 converts $3,893/mo rent into $1,114/mo cash flow after a $1,908/mo obligation. Total monthly income equals $3,893/mo, and annual cash flow totals $13,371/yr on $129,252 invested. Return on cash invested prints 30.25% in year one, and rental yield reads 11.98% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 159.56% and total cumulative return in cash sums $206,233. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,893/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Townhouse
Built in 1989
2,470 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08505, Bordentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,339 (68.0%) |
| Renter Occupied HU | 2,217 (28.2%) |
| Vacant Housing Units | 301 ( 3.8%) |
| Median Home Value | $419,386 |
| Average Home Value | $464,167 |
Housing Distribution
Address Breakdown
Residential
7,821
Single Family
7,659
Multi-Family
162
Businesses
549
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Listed by: David Schiavone • CB Schiavone & Associates
Mls Name: Bright MLS
Mls ID: #NJBL2103204