264 Dixie DrCarneys PtNJ08069
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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 Carneys Pt at 264 Dixie Dr, Carneys Pt, NJ, 08069 priced at $216,500 pairs $2,660/mo rent with $1,116/mo cash flow after a $1,060/mo payment. Total monthly income equals $2,660/mo, and annual cash flow comes to $13,398/yr on $71,770 invested. Return on cash invested is 38.58% in year one, and rental yield stands at 14.74% on a $216,500 basis. Equity gained on principal adds $1,397/yr, and 5% annual appreciation accumulates to $59,815 by year five. Five-year ROI measures 204.19% and total cumulative return in cash reaches $146,548. For financing, Ziffy Mortgage’s DSCR program evaluates $2,660/mo property income against a $1,060/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
7,200 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,212
Single Family
4,783
Multi-Family
429
Businesses
292
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Listed by: Rebecca Mancuso • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls Provider:
Mls ID: #NJSA2015700
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