2 Kohlmyer DrPennsaukenNJ08110
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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
Rental property for sale in Pennsauken at 2 Kohlmyer Dr, Pennsauken, NJ, 08110 priced at $415,000 converts $2,220/mo rent into after a $2,031/mo obligation. Total monthly income equals $2,220/mo. Return on cash invested prints 13.47% in year one, and rental yield reads 6.42% against a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation compiles into $114,657 by year five. Five-year ROI reaches 69.59% and total cumulative return in cash sums $95,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $2,031/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
2,252 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: Scott Farrell • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2108048