14 E Centennial DrMedfordNJ08055
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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 Medford at 14 E Centennial Dr, Medford, NJ, 08055 offers a 8.1% rental yield on a $824,900 purchase with $5,567/mo rent. 68% in year one. Equity gained on principal adds $5,323/yr while 5% annual appreciation supports $227,905 over five years. Portfolio math shows five-year ROI at 97.45% and total cumulative return in cash at $264,481. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,567/mo property income against a $4,037/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08055, Medford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,320 (100%) |
| Owner Occupied HU | 9,483 (83.8%) |
| Renter Occupied HU | 1,381 (12.2%) |
| Vacant Housing Units | 456 ( 4.0%) |
| Median Home Value | $541,260 |
| Average Home Value | $560,563 |
Housing Distribution
Address Breakdown
Residential
11,531
Single Family
11,489
Multi-Family
42
Businesses
1,049
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Listed by: Francesco Pullella • HOF Realty
Mls Name: Bright MLS
Mls ID: #NJBL2093436