257 Street, Penns Grove, NJ, 08069 | $576/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

257 Street, Penns Grove, NJ, 08069 | $576/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
950 sft

822 S Scott St, Middletown, DE, 19709

3 Bed
3 Bath
1872 sft

340 S Johnson St, Penns Grove, NJ, 08069

3 Bed
2 Bath
1427 sft

613 Hawks Bridge Rd, Penns Grove, NJ, 08069

3 Bed
1 Bath
1325 sft

121 E Cleveland 1/2 Ave, Newark, DE, 19711

Nearby investment properties with comparable prices

2 Bed
2 Bath
950 sft

520 Sparrow Ct, Newark, DE, 19702

3 Bed
2 Bath
1264 sft

5 Harrison St, Penns Grove, NJ, 08069

2 Bed
2 Bath
- sft

2809 Waters Edge Dr #260, Newark, DE, 19702

4 Bed
- Bath
2112 sft

12 Plant St, Penns Grove, NJ, 08069

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Penns Grove at 257 Street, Penns Grove, NJ, 08069 at $239,000 posts ROI 28.64% with $576/mo cash flow from $2,280/mo rent. Total monthly income equals $2,280/mo, and annual cash flow records $6,915/yr on $79,229 to close. Return on cash invested measures 28.64% and rental yield reads 11.45% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 150.92% and total cumulative return in cash totals $119,568.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,280/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1949

5,040 sqft lot

$N/A/sqft

No HOA

More details about the property

Come check out this charming home in Carney's Point, NJ. The property is a one-level home, completely renovated. As you step inside living room, dining room and fully remodeled kitchen. New floors thought. Freshly painted. 3 bedrooms and a nice completely renovated bathroom. It also offers Central AC. As you step out a spacious deck, perfect for outdoor activities and spending time in the sun. Big back yard, and so much more. Schedule your appointment today.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08069, Penns Grove, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,061 (100%)
Owner Occupied HU	3,079 (50.8%)
Renter Occupied HU	2,317 (38.2%)
Vacant Housing Units	665 (11.0%)
Median Home Value	$209,820
Average Home Value	$314,811