237 Virginia AveCollingswoodNJ08108
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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 Collingswood at 237 Virginia Ave, Collingswood, NJ, 08108 priced at $429,100 pairs $1,604/mo rent with after a $2,100/mo payment. Total monthly income equals $1,604/mo. Return on cash invested is 7.64% in year one, and rental yield stands at 4.49% on a $429,100 basis. Equity gained on principal adds $2,769/yr, and 5% annual appreciation accumulates to $118,552 by year five. Five-year ROI measures 38.28% and total cumulative return in cash reaches $54,452. For financing, Ziffy Mortgage’s DSCR program evaluates $1,604/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1920
6,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08108, Collingswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,359 (64.2%) |
| Renter Occupied HU | 2,583 (30.9%) |
| Vacant Housing Units | 408 ( 4.9%) |
| Median Home Value | $429,272 |
| Average Home Value | $473,573 |
Housing Distribution
Address Breakdown
Residential
8,292
Single Family
6,562
Multi-Family
1,730
Businesses
675
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Listed by: Val Nunnenkamp • Keller Williams Realty - Marlton
Mls Name: Bright MLS
Mls ID: #NJCD2109334