219 Loring CtSewellNJ08080
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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 Sewell at 219 Loring Ct, Sewell, NJ, 08080 offers $1,550/mo rent that, after a $1,101/mo payment. Total monthly income is $1,550/mo. Return on cash invested measures 19.05% in year one, and rental yield stands at 8.27% at a $224,900 entry. Equity gained on principal adds $1,451/yr while 5% annual appreciation compounds into $62,136 by year five. Five-year ROI records 99.49% and total cumulative return in cash reaches $74,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,550/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08080, Sewell, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,117 (100%) |
| Owner Occupied HU | 12,251 (86.8%) |
| Renter Occupied HU | 1,511 (10.7%) |
| Vacant Housing Units | 355 ( 2.5%) |
| Median Home Value | $398,996 |
| Average Home Value | $412,221 |
Housing Distribution
Address Breakdown
Residential
14,786
Single Family
14,003
Multi-Family
783
Businesses
1,067
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Listed by: Nicole Yula • BHHS Fox & Roach-Mullica Hill South
Mls Name: Bright MLS
Mls ID: #NJGL2065742