13 Powder LnBurlingtonNJ08016
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 Burlington at 13 Powder Ln, Burlington, NJ, 08016 priced at $534,900 pairs $4,078/mo rent with $265/mo cash flow after a $2,618/mo payment. Total monthly income equals $4,078/mo, and annual cash flow comes to $3,185/yr on $175,982 invested. Return on cash invested is 21.87% in year one, and rental yield stands at 9.15% on a $534,900 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,783 by year five. Five-year ROI measures 114.58% and total cumulative return in cash reaches $201,633. For financing, Ziffy Mortgage’s DSCR program evaluates $4,078/mo property income against a $2,618/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
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Listed by: Donna Glenning • Weichert Realtors - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2104396