24 Eastern CtWillingboroNJ08046
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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 Willingboro at 24 Eastern Ct, Willingboro, NJ, 08046 offers $3,700/mo rent that, after a $1,713/mo payment, leaves $1,205/mo cash flow. Total monthly income is $3,700/mo, and annual cash flow is $14,464/yr on $116,025 cash. Return on cash invested measures 32.38% in year one, and rental yield stands at 12.69% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 170.94% and total cumulative return in cash reaches $198,338. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,700/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1967
6,996 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Listed by: George Kelly • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJBL2090500