212 N 33rd AveLongportNJ08403
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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 $5,431/mo, and a $8,076/mo payment. Purchase price stands at $1,650,000, and rental yield measures 3.95% with $5,431/mo rent. Return on cash invested shows 6.16% in year one, and 5% annual appreciation builds toward $455,865 over five years. Five-year ROI reaches 30.27% and total cumulative return in cash records $161,849. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,431/mo property income covering a $8,076/mo payment rather than investor’s personal income.
Single Family
Built in 1988
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08403, Longport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,716 (100%) |
| Owner Occupied HU | 436 (25.4%) |
| Renter Occupied HU | 48 ( 2.8%) |
| Vacant Housing Units | 1,232 (71.8%) |
| Median Home Value | $982,394 |
| Average Home Value | $1,192,288 |
Housing Distribution
Address Breakdown
Residential
1,443
Single Family
1,114
Multi-Family
329
Businesses
11
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Listed by: Renee Buzzetta • RE/MAX Of Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJAC2020534