207 Sooy Place RdTabernacleNJ08088
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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 Tabernacle at 207 Sooy Place Rd, Tabernacle, NJ, 08088 priced at $492,000 converts $3,785/mo rent into $278/mo cash flow after a $2,408/mo obligation. Total monthly income equals $3,785/mo, and annual cash flow totals $3,338/yr on $163,098 invested. Return on cash invested prints 21.96% in year one, and rental yield reads 9.23% against a $492,000 entry. Equity gained on principal adds $3,175/yr, while 5% annual appreciation compiles into $135,931 by year five. Five-year ROI reaches 115.06% and total cumulative return in cash sums $187,660. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,785/mo property income covering a $2,408/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08088, Vincentown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,034 (100%) |
| Owner Occupied HU | 8,885 (88.5%) |
| Renter Occupied HU | 650 ( 6.5%) |
| Vacant Housing Units | 499 ( 5.0%) |
| Median Home Value | $415,640 |
| Average Home Value | $445,363 |
Housing Distribution
Address Breakdown
Residential
9,871
Single Family
9,845
Multi-Family
26
Businesses
445
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Listed by: Mary Ellen Gilbert • Weichert Realtors-Medford
Mls Name: Bright MLS
Mls ID: #NJBL2098758