15 Sullivan AveBellmawrNJ08031
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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 Bellmawr at 15 Sullivan Ave, Bellmawr, NJ, 08031 priced at $202,500 pairs $1,385/mo rent with after a $991/mo payment. Total monthly income equals $1,385/mo. Return on cash invested is 18.87% in year one, and rental yield stands at 8.21% on a $202,500 basis. Equity gained on principal adds $1,307/yr, and 5% annual appreciation accumulates to $55,947 by year five. Five-year ROI measures 98.5% and total cumulative return in cash reaches $66,121. For financing, Ziffy Mortgage’s DSCR program evaluates $1,385/mo property income against a $991/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6,852 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08031, Bellmawr, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,012 (100%) |
| Owner Occupied HU | 3,218 (64.2%) |
| Renter Occupied HU | 1,634 (32.6%) |
| Vacant Housing Units | 160 ( 3.2%) |
| Median Home Value | $294,946 |
| Average Home Value | $379,738 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,475
Multi-Family
413
Businesses
242
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Listed by: Chris Epifano • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJCD2109106