24 Frambes AvePleasantvilleNJ08232
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pleasantville at 24 Frambes Ave, Pleasantville, NJ, 08232 generates $3,409/mo in rent and, after a $974/mo payment, leaves $1,991/mo in cash flow. Total monthly income is $3,409/mo, and annual cash flow is $23,887/yr on $65,969 invested. Return on cash invested sits at 56.12% in year one, and rental yield is 20.56% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 298.28% and total cumulative return in cash sums $196,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,409/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
6,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
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Listed by: Madalina Tutuianu • HOF Realty
Mls Name: SJSRMLS
Mls ID: #598312