2024 Route 47DennisvilleNJ08270
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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 $2,656/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 8.07% with $2,656/mo rent. Return on cash invested shows 18.45% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 96.25% and total cumulative return in cash records $126,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,656/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1975
3.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08270, Woodbine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,409 (72.5%) |
| Renter Occupied HU | 473 (14.2%) |
| Vacant Housing Units | 440 (13.2%) |
| Median Home Value | $453,687 |
| Average Home Value | $496,683 |
Housing Distribution
Address Breakdown
Residential
2,748
Single Family
2,747
Multi-Family
1
Businesses
142
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Listed by: Melissa Jastremski • deSatnick Real Estate LLC - North Wildwood
Mls Name: CMCAOR
Mls ID: #252546