1769 40th StPennsaukenNJ08110
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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 Pennsauken at 1769 40th St, Pennsauken, NJ, 08110 uses $109,064 cash to close to unlock $6,735/yr annual cash flow and $561/mo monthly cash flow. Total monthly income runs $2,906/mo, and a $1,610/mo payment keeps the spread at $561/mo. Purchase price stands at $329,000, and rental yield measures 10.6% with $2,906/mo rent. Return on cash invested shows 26.08% in year one, and 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 137.22% and total cumulative return in cash records $149,661. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,906/mo property income covering a $1,610/mo payment rather than investor’s personal income.
Single Family
Built in 1950
5,471 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08110, Pennsauken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,087 (100%) |
| Owner Occupied HU | 4,586 (64.7%) |
| Renter Occupied HU | 2,047 (28.9%) |
| Vacant Housing Units | 454 ( 6.4%) |
| Median Home Value | $259,000 |
| Average Home Value | $335,158 |
Housing Distribution
Address Breakdown
Residential
6,834
Single Family
6,578
Multi-Family
256
Businesses
819
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Listed by: Lila Echevarria • Garden State Properties Group - Merchantville
Mls Name: Bright MLS
Mls ID: #NJCD2097954