23 Botany CirWillingboroNJ08046
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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 Willingboro at 23 Botany Cir, Willingboro, NJ, 08046 generates $2,450/mo in rent, after a $1,713/mo payment. Total monthly income is $2,450/mo. Return on cash invested sits at 19.45% in year one, and rental yield is 8.4% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 101.62% and total cumulative return in cash sums $117,902. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Listed by: Joseph R Koerner JR. • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJBL2102992