2209 New Albany RdCinnaminsonNJ08077
Nearby investment properties with comparable rents
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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 Cinnaminson at 2209 New Albany Rd, Cinnaminson, NJ, 08077 earns $79/mo cash flow from $3,422/mo rent with a $2,296/mo payment. Total monthly income totals $3,422/mo, and annual cash flow totals $943/yr on $155,474 capital. ROI tracks 20.52% on current figures, and rental yield reads 8.76% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $166,879. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,422/mo property income instead of your personal income.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08077, Riverton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,792 (100%) |
| Owner Occupied HU | 6,238 (80.1%) |
| Renter Occupied HU | 1,113 (14.3%) |
| Vacant Housing Units | 441 ( 5.7%) |
| Median Home Value | $419,481 |
| Average Home Value | $474,465 |
Housing Distribution
Address Breakdown
Residential
7,776
Single Family
7,437
Multi-Family
339
Businesses
822
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Listed by: Tahir Zaman • Key Properties Real Estate
Mls Name: Bright MLS
Mls ID: #NJBL2095338