216 Broad StSwedesboroNJ08085
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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 Swedesboro at 216 Broad St, Swedesboro, NJ, 08085 earns from $1,384/mo rent with a $989/mo payment. Total monthly income totals $1,384/mo. ROI tracks 18.9% on current figures, and rental yield reads 8.22% at a $202,000 purchase. Equity gained on principal adds $1,303/yr, and 5% annual appreciation supports $55,809 over five years. Five-year ROI reaches 98.67% and total cumulative return in cash sums $66,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,384/mo property income instead of your personal income.
Single Family
Built in 1790
8,398 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08085, Swedesboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 6,512 (81.7%) |
| Renter Occupied HU | 1,171 (14.7%) |
| Vacant Housing Units | 290 ( 3.6%) |
| Median Home Value | $423,300 |
| Average Home Value | $441,147 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
7,542
Multi-Family
249
Businesses
678
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Listed by: Elaine Corbin • 24-7 Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2068304