233 Marion AveWestvilleNJ08093
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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 Westville at 233 Marion Ave, Westville, NJ, 08093 uses $107,738 cash to close to unlock $11,222/yr annual cash flow and $935/mo monthly cash flow. Total monthly income runs $3,252/mo, and a $1,591/mo payment keeps the spread at $935/mo. Purchase price stands at $325,000, and rental yield measures 12.01% with $3,252/mo rent. Return on cash invested shows 30.33% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 159.98% and total cumulative return in cash records $172,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,252/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1961
7,320 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08093, Westville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,462 (100%) |
| Owner Occupied HU | 2,542 (57.0%) |
| Renter Occupied HU | 1,611 (36.1%) |
| Vacant Housing Units | 309 ( 6.9%) |
| Median Home Value | $246,851 |
| Average Home Value | $322,610 |
Housing Distribution
Address Breakdown
Residential
4,242
Single Family
3,998
Multi-Family
244
Businesses
330
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Listed by: Jim Stoffey • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJGL2060740