204 W Clinton AveOaklynNJ08107
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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 Oaklyn at 204 W Clinton Ave, Oaklyn, NJ, 08107 offers $1,960/mo rent that, after a $2,203/mo payment. Total monthly income is $1,960/mo. Return on cash invested measures 9.87% in year one, and rental yield stands at 5.23% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 50.23% and total cumulative return in cash reaches $74,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,960/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1927
1,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08107, Oaklyn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 3,138 (48.6%) |
| Renter Occupied HU | 2,854 (44.2%) |
| Vacant Housing Units | 463 ( 7.2%) |
| Median Home Value | $317,690 |
| Average Home Value | $352,373 |
Housing Distribution
Address Breakdown
Residential
6,024
Single Family
4,752
Multi-Family
1,272
Businesses
300
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Listed by: Janeen Carr • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCD2110114