16 Beloit AveAudubonNJ08106
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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 Audubon at 16 Beloit Ave, Audubon, NJ, 08106 listed at $368,500 pairs $3,476/mo rent with a $1,804/mo payment to leave $849/mo cash flow. Total monthly income runs $3,476/mo, and annual cash flow reaches $10,188/yr on $122,158 cash to close. Return on cash invested measures 28.25% in year one, and rental yield registers 11.32% at a $368,500 basis. Equity gained on principal adds $2,378/yr, and annual property appreciation at 5% supports $101,810 by year five. Five-year ROI tracks 148.85% and total cumulative return in cash totals $181,826. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,476/mo property income relative to a $1,804/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1930
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08106, Audubon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 2,849 (66.6%) |
| Renter Occupied HU | 1,275 (29.8%) |
| Vacant Housing Units | 153 ( 3.6%) |
| Median Home Value | $349,662 |
| Average Home Value | $383,121 |
Housing Distribution
Address Breakdown
Residential
4,224
Single Family
3,914
Multi-Family
310
Businesses
296
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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