1604 Erial RdPine HillNJ08021
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 Pine Hill at 1604 Erial Rd, Pine Hill, NJ, 08021 earns $115/mo cash flow from $3,144/mo rent with a $2,080/mo payment. Total monthly income totals $3,144/mo, and annual cash flow totals $1,378/yr on $140,888 capital. ROI tracks 20.89% on current figures, and rental yield reads 8.88% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 109.32% and total cumulative return in cash sums $154,013. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,144/mo property income instead of your personal income.
Single Family
Built in 1913
0.41 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Eisenberg • Continental Real Estate Group
Mls Name: Bright MLS
Mls ID: #NJCD2107590