223 Parker AveWoodlynneNJ08107
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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 Woodlynne at 223 Parker Ave, Woodlynne, NJ, 08107 offers a 13.9% rental yield on a $225,000 purchase with $2,606/mo rent. Total monthly income registers $2,606/mo, and a $1,101/mo payment leaves $1,003/mo available for distribution. Annual cash flow reaches $12,030/yr on $74,588 to close, and return on cash invested stands at 36.04% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 190.58% and total cumulative return in cash at $142,149. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,606/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
1,799 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08107, Oaklyn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 3,138 (48.6%) |
| Renter Occupied HU | 2,854 (44.2%) |
| Vacant Housing Units | 463 ( 7.2%) |
| Median Home Value | $317,690 |
| Average Home Value | $352,373 |
Housing Distribution
Address Breakdown
Residential
6,024
Single Family
4,752
Multi-Family
1,272
Businesses
300
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Listed by: Julie Dinh • Garden State Properties Group - Merchantville
Mls Name: Bright MLS
Mls ID: #NJCD2101992