180 Cornell RdAudubonNJ08106
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 Audubon at 180 Cornell Rd, Audubon, NJ, 08106 with 5% annual appreciation on a $429,000 basis while $3,512/mo rent supports operations. Total monthly income totals $3,512/mo and a $2,100/mo payment preserves $454/mo for cash returns. Annual cash flow comes to $5,447/yr on $142,214 deployed, and return on cash invested reaches 23.74% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 9.82%. Five-year ROI measures 124.6% and total cumulative return in cash totals $177,205.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,512/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
5,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08106, Audubon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 2,849 (66.6%) |
| Renter Occupied HU | 1,275 (29.8%) |
| Vacant Housing Units | 153 ( 3.6%) |
| Median Home Value | $349,662 |
| Average Home Value | $383,121 |
Housing Distribution
Address Breakdown
Residential
4,224
Single Family
3,914
Multi-Family
310
Businesses
296
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eliza Babcock • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2100690