1908 Greenwood DrLindenwoldNJ08021
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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 Lindenwold at 1908 Greenwood Dr, Lindenwold, NJ, 08021 offers a 9.02% rental yield on a $179,000 purchase with $1,345/mo rent. Total monthly income registers $1,345/mo, and a $876/mo payment leaves $69/mo available for distribution. Annual cash flow reaches $831/yr on $59,339 to close, and return on cash invested stands at 21.31% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 111.64% and total cumulative return in cash at $66,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,345/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: Lia Rone • Collini Real Estate LLC
Mls Name: Bright MLS
Mls ID: #NJCD2104278