201 7th StHammontonNJ08037
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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 Hammonton at 201 7th St, Hammonton, NJ, 08037 offers a 8.36% rental yield on a $289,900 purchase with $2,020/mo rent. 33% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 100.99% and total cumulative return in cash at $97,053. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,020/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
10,542 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08037, Hammonton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,543 (100%) |
| Owner Occupied HU | 6,839 (71.7%) |
| Renter Occupied HU | 2,173 (22.8%) |
| Vacant Housing Units | 531 ( 5.6%) |
| Median Home Value | $408,668 |
| Average Home Value | $465,869 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
9,293
Multi-Family
147
Businesses
944
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Listed by: Samy Sabbagh • C-21 Atlantic Professional Realty
Mls Name: Bright MLS
Mls ID: #NJAC2021454