19 Katherine DrBurlingtonNJ08016
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
Rental property for sale in Burlington at 19 Katherine Dr, Burlington, NJ, 08016 generates $3,324/mo in rent and, after a $1,982/mo payment, leaves $438/mo in cash flow. Total monthly income is $3,324/mo, and annual cash flow is $5,250/yr on $134,258 invested. Return on cash invested sits at 23.82% in year one, and rental yield is 9.85% on a $405,000 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 125.04% and total cumulative return in cash sums $167,882. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,324/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
2,021 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
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Listed by: sangita sancheti • Coldwell Banker Residential Brokerage-Manalapan
Mls Name: Bright MLS
Mls ID: #NJBL2096874