238 Night Hawk CirThorofareNJ08086
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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 Thorofare at 238 Night Hawk Cir, Thorofare, NJ, 08086 offers $3,425/mo rent that, after a $2,349/mo payment, leaves $4/mo cash flow. Total monthly income is $3,425/mo, and annual cash flow is $48/yr on $159,120 cash. Return on cash invested measures 19.94% in year one, and rental yield stands at 8.56% at a $480,000 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,615 by year five. Five-year ROI records 104.22% and total cumulative return in cash reaches $165,833. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,425/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08086, Thorofare, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 2,516 (65.6%) |
| Renter Occupied HU | 1,175 (30.6%) |
| Vacant Housing Units | 146 ( 3.8%) |
| Median Home Value | $317,546 |
| Average Home Value | $332,405 |
Housing Distribution
Address Breakdown
Residential
3,766
Single Family
3,491
Multi-Family
275
Businesses
222
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Listed by: Bani LaRiche • RE/MAX Preferred - Sewell
Mls Name: Bright MLS
Mls ID: #NJGL2062602