134 Fernwood AveBurlingtonNJ08016
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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 134 Fernwood Ave, Burlington, NJ, 08016 priced at $360,000 pairs $3,191/mo rent with $625/mo cash flow after a $1,762/mo payment. Total monthly income equals $3,191/mo, and annual cash flow comes to $7,500/yr on $119,340 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 10.64% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 137.77% and total cumulative return in cash reaches $164,409. For financing, Ziffy Mortgage’s DSCR program evaluates $3,191/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
8,246 sqft 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: Jim Shea • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2095094