253 Jennings WayMickletonNJ08056
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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
Total monthly income runs $5,880/mo, and a $4,797/mo payment. Purchase price stands at $980,000, and rental yield measures 7.2% with $5,880/mo rent. Return on cash invested shows 15.95% in year one, and 5% annual appreciation builds toward $270,756 over five years. Five-year ROI reaches 82.8% and total cumulative return in cash records $266,952. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,880/mo property income covering a $4,797/mo payment rather than investor’s personal income.
Single Family
Built in 2004
2.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08056, Mickleton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,852 (100%) |
| Owner Occupied HU | 1,705 (92.1%) |
| Renter Occupied HU | 82 ( 4.4%) |
| Vacant Housing Units | 65 ( 3.5%) |
| Median Home Value | $497,843 |
| Average Home Value | $507,479 |
Housing Distribution
Address Breakdown
Residential
1,672
Single Family
1,672
Multi-Family
0
Businesses
89
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Listed by: Pascale Cherfane • Weichert Realtors-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJGL2068474