2315 Ilene LnAtcoNJ08004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Atco at 2315 Ilene Ln, Atco, NJ, 08004 with 5% annual appreciation on a $355,000 basis while $2,491/mo rent supports operations. 5% in year one. Equity gained on principal adds $2,291/yr, and five-year appreciation sums $98,080 alongside rental yield of 8.42%. Five-year ROI measures 101.92% and total cumulative return in cash totals $119,940. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,491/mo property income versus a $1,738/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1981
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08004, Atco, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,954 (100%) |
| Owner Occupied HU | 3,905 (78.8%) |
| Renter Occupied HU | 829 (16.7%) |
| Vacant Housing Units | 220 ( 4.4%) |
| Median Home Value | $327,719 |
| Average Home Value | $357,030 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,397
Multi-Family
306
Businesses
262
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paula Wirth • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2093134