2201 38th StPennsaukenNJ08110
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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 Pennsauken at 2201 38th St, Pennsauken, NJ, 08110 earns from $1,781/mo rent with a $1,223/mo payment. Total monthly income totals $1,781/mo. ROI tracks 19.91% on current figures, and rental yield reads 8.55% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 104.07% and total cumulative return in cash sums $86,210. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,781/mo property income instead of your personal income.
Single Family
Built in 1910
5,044 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08110, Pennsauken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,087 (100%) |
| Owner Occupied HU | 4,586 (64.7%) |
| Renter Occupied HU | 2,047 (28.9%) |
| Vacant Housing Units | 454 ( 6.4%) |
| Median Home Value | $259,000 |
| Average Home Value | $335,158 |
Housing Distribution
Address Breakdown
Residential
6,834
Single Family
6,578
Multi-Family
256
Businesses
819
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Listed by: Trang Nguyen • Kay and Jay Realty Inc
Mls Name: Bright MLS
Mls ID: #NJCD2107374