235 Saint Mary StBurlingtonNJ08016
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
Rental property for sale in Burlington at 235 Saint Mary St, Burlington, NJ, 08016 priced at $175,000 converts $1,356/mo rent into $108/mo cash flow after a $857/mo obligation. Total monthly income equals $1,356/mo, and annual cash flow totals $1,298/yr on $58,013 invested. Return on cash invested prints 22.15% in year one, and rental yield reads 9.3% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 116.14% and total cumulative return in cash sums $67,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,356/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1900
2,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elaine Corbin • 24-7 Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2104186