186 Southwest AvePitmanNJ08071
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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 Pitman at 186 Southwest Ave, Pitman, NJ, 08071 listed at $275,000 pairs $2,608/mo rent with a $1,346/mo payment to leave $648/mo cash flow. Total monthly income runs $2,608/mo, and annual cash flow reaches $7,774/yr on $91,163 cash to close. Return on cash invested measures 28.44% in year one, and rental yield registers 11.38% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 149.81% and total cumulative return in cash totals $136,571. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,608/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Housing Distribution
Address Breakdown
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
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Listed by: Richard DiCintio • Township Realty
Mls Name: Bright MLS
Mls ID: #NJGL2064356