1603 Royal PlClementonNJ08021
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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 Clementon at 1603 Royal Pl, Clementon, NJ, 08021 uses $61,991 cash to close to unlock $13,300/yr annual cash flow and $1,108/mo monthly cash flow. Total monthly income runs $2,441/mo, and a $915/mo payment keeps the spread at $1,108/mo. Purchase price stands at $187,000, and rental yield measures 15.66% with $2,441/mo rent. Return on cash invested shows 41.36% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 219.16% and total cumulative return in cash records $135,858. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,441/mo property income covering a $915/mo payment rather than investor’s personal income.
Single Family
Built in 1973
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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