152 E 7th StBurlingtonNJ08016
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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 Burlington at 152 E 7th St, Burlington, NJ, 08016 generates $3,636/mo in rent and, after a $1,958/mo payment, leaves $785/mo in cash flow. Total monthly income is $3,636/mo, and annual cash flow is $9,416/yr on $132,600 invested. Return on cash invested sits at 27.01% in year one, and rental yield is 10.91% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 142.15% and total cumulative return in cash sums $188,488. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,636/mo property income rather than buyer’s personal income.
Single Family
Built in 1935
9,997 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: Real Estate Ron Palentchar • RE/MAX World Class Realty
Mls Name: Bright MLS
Mls ID: #NJBL2092092