23 Dunham LoopBerlinNJ08009
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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 Berlin at 23 Dunham Loop, Berlin, NJ, 08009 generates $2,372/mo in rent, after a $1,645/mo payment. Total monthly income is $2,372/mo. Return on cash invested sits at 19.66% in year one, and rental yield is 8.47% on a $336,000 entry. Equity gained on principal adds $2,168/yr, while 5% annual appreciation builds toward $92,831 over five years. Five-year ROI reaches 102.74% and total cumulative return in cash sums $114,430. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,372/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08009, Berlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,654 (100%) |
| Owner Occupied HU | 4,330 (76.6%) |
| Renter Occupied HU | 1,079 (19.1%) |
| Vacant Housing Units | 245 ( 4.3%) |
| Median Home Value | $347,480 |
| Average Home Value | $361,330 |
Housing Distribution
Address Breakdown
Residential
6,213
Single Family
6,073
Multi-Family
140
Businesses
585
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Listed by: Haci Kose • RE/MAX Of Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2107010