239 Cedar AveWoodlynneNJ08107
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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 Woodlynne at 239 Cedar Ave, Woodlynne, NJ, 08107 uses $59,637 cash to close to unlock $1,143/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,378/mo, and a $881/mo payment keeps the spread at $95/mo. Purchase price stands at $179,900, and rental yield measures 9.19% with $1,378/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 114.41% and total cumulative return in cash records $68,229. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,378/mo property income covering a $881/mo payment rather than investor’s personal income.
Townhouse
Built in 1923
1,442 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08107, Oaklyn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 3,138 (48.6%) |
| Renter Occupied HU | 2,854 (44.2%) |
| Vacant Housing Units | 463 ( 7.2%) |
| Median Home Value | $317,690 |
| Average Home Value | $352,373 |
Housing Distribution
Address Breakdown
Residential
6,024
Single Family
4,752
Multi-Family
1,272
Businesses
300
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Listed by: Kathy McDonald • BHHS Fox & Roach - Haddonfield
Mls Name: Bright MLS
Mls ID: #NJCD2098724