16 Park DrBellmawrNJ08031
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bellmawr at 16 Park Dr, Bellmawr, NJ, 08031 at $429,900 posts ROI 23.26% with $398/mo cash flow from $3,462/mo rent. Total monthly income equals $3,462/mo, and annual cash flow records $4,775/yr on $142,512 to close. Return on cash invested measures 23.26% and rental yield reads 9.66% at the current $429,900. Equity gained on principal adds $2,774/yr, and 5% annual appreciation supports $118,773 by year five. Five-year ROI prints 122.03% and total cumulative return in cash totals $173,911.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1944
10,302 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: Anthony Castaneda • Opus Elite Real Estate of NJ, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2097030