2113 1st AveAllenwoodNJ08720
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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 Allenwood at 2113 1st Ave, Allenwood, NJ, 08720 offers a 5.44% rental yield on a $1,323,200 purchase with $5,996/mo rent. 75% in year one. Equity gained on principal adds $8,538/yr while 5% annual appreciation supports $365,576 over five years. Portfolio math shows five-year ROI at 54.91% and total cumulative return in cash at $235,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,996/mo property income against a $6,476/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08720, Allenwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 210 (100%) |
| Owner Occupied HU | 200 (95.2%) |
| Renter Occupied HU | 8 ( 3.8%) |
| Vacant Housing Units | 2 ( 1.0%) |
| Median Home Value | $790,179 |
| Average Home Value | $783,688 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
132
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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