1709 Old Black Horse PikeBlackwoodNJ08012
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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 Blackwood at 1709 Old Black Horse Pike, Blackwood, NJ, 08012 earns $140/mo cash flow from $3,347/mo rent with a $2,202/mo payment. Total monthly income totals $3,347/mo, and annual cash flow totals $1,683/yr on $149,142 capital. ROI tracks 21.04% on current figures, and rental yield reads 8.93% at a $449,900 purchase. Equity gained on principal adds $2,903/yr, and 5% annual appreciation supports $124,299 over five years. Five-year ROI reaches 110.14% and total cumulative return in cash sums $164,266. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,347/mo property income instead of your personal income.
Single Family
Built in 1965
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
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Listed by: Valerie Coppola- Bellia • HOF Realty
Mls Name: Bright MLS
Mls ID: #NJCD2106150