17 Oak DrStratfordNJ08084
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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
Rental property for sale in Stratford at 17 Oak Dr, Stratford, NJ, 08084 priced at $424,900 converts $3,450/mo rent into $421/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,450/mo, and annual cash flow totals $5,053/yr on $140,854 invested. Return on cash invested prints 23.5% in year one, and rental yield reads 9.74% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 123.34% and total cumulative return in cash sums $173,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,450/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1963
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08084, Stratford, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,826 (100%) |
| Owner Occupied HU | 1,936 (68.5%) |
| Renter Occupied HU | 786 (27.8%) |
| Vacant Housing Units | 104 ( 3.7%) |
| Median Home Value | $262,113 |
| Average Home Value | $264,069 |
Housing Distribution
Address Breakdown
Residential
2,814
Single Family
2,814
Multi-Family
0
Businesses
189
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Listed by: Nicole Yula • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJCD2106490