1902 46th StreetPennsaukenNJ08110
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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
Total monthly income runs $1,856/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 8.1% with $1,856/mo rent. Return on cash invested shows 18.54% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 96.72% and total cumulative return in cash records $88,175. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,856/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1942
3,484 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: Ankur Kapoor • Realty One Group Emerge
Mls Name: MoreMLS
Mls ID: #22602223