238 Marshallville RdWoodbineNJ08270
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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 Woodbine at 238 Marshallville Rd, Woodbine, NJ, 08270 generates $3,121/mo in rent and, after a $1,713/mo payment, leaves $626/mo in cash flow. Total monthly income is $3,121/mo, and annual cash flow is $7,516/yr on $116,025 invested. Return on cash invested sits at 26.39% in year one, and rental yield is 10.7% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 138.82% and total cumulative return in cash sums $161,066. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,121/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08270, Woodbine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,409 (72.5%) |
| Renter Occupied HU | 473 (14.2%) |
| Vacant Housing Units | 440 (13.2%) |
| Median Home Value | $453,687 |
| Average Home Value | $496,683 |
Housing Distribution
Address Breakdown
Residential
2,748
Single Family
2,747
Multi-Family
1
Businesses
142
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Listed by: Eric Booth • Compass New Jersey-Ocean City
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #589845
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. 2024 South Jersey Shore Regional Multiple Listing Service. All rights reserved.