211 Park AveSomerdaleNJ08083
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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 Somerdale at 211 Park Ave, Somerdale, NJ, 08083 uses $162,104 cash to close to unlock $7,091/yr annual cash flow and $591/mo monthly cash flow. Total monthly income runs $4,076/mo, and a $2,393/mo payment keeps the spread at $591/mo. Purchase price stands at $489,000, and rental yield measures 10% with $4,076/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $135,102 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash records $206,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,076/mo property income covering a $2,393/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08083, Somerdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,862 (71.4%) |
| Renter Occupied HU | 962 (24.0%) |
| Vacant Housing Units | 183 ( 4.6%) |
| Median Home Value | $312,500 |
| Average Home Value | $396,765 |
Housing Distribution
Address Breakdown
Residential
3,991
Single Family
3,991
Multi-Family
0
Businesses
241
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Listed by: Larry Vecchio • VRI Homes - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2103718