16 Kenton AvePitmanNJ08071
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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 Pitman at 16 Kenton Ave, Pitman, NJ, 08071 with 5% annual appreciation on a $514,900 basis while $3,468/mo rent supports operations. 63% in year one. Equity gained on principal adds $3,323/yr, and five-year appreciation sums $142,257 alongside rental yield of 8.08%. Five-year ROI measures 97.21% and total cumulative return in cash totals $164,682. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,468/mo property income versus a $2,520/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1901
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Housing Distribution
Address Breakdown
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
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Listed by: Angie Kovalak • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJGL2062006