258 Elm AveBurlingtonNJ08016
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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 Burlington at 258 Elm Ave, Burlington, NJ, 08016 offers $2,058/mo rent that, after a $2,080/mo payment. Total monthly income is $2,058/mo. Return on cash invested measures 11.64% in year one, and rental yield stands at 5.81% at a $424,900 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,392 by year five. Five-year ROI records 59.75% and total cumulative return in cash reaches $84,165. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,058/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
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Listed by: Chuck Insalaco • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #NJBL2101962