268 Cornwall DrSwedesboroNJ08085
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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 Swedesboro at 268 Cornwall Dr, Swedesboro, NJ, 08085 generates $5,400/mo in rent and, after a $3,132/mo payment, leaves $839/mo in cash flow. Total monthly income is $5,400/mo, and annual cash flow is $10,064/yr on $210,560 invested. Return on cash invested sits at 24.84% in year one, and rental yield is 10.13% on a $640,000 entry. Equity gained on principal adds $4,130/yr, while 5% annual appreciation builds toward $176,820 over five years. Five-year ROI reaches 130.49% and total cumulative return in cash sums $274,770. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,400/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
7,492 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08085, Swedesboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,973 (100%) |
| Owner Occupied HU | 6,512 (81.7%) |
| Renter Occupied HU | 1,171 (14.7%) |
| Vacant Housing Units | 290 ( 3.6%) |
| Median Home Value | $423,300 |
| Average Home Value | $441,147 |
Housing Distribution
Address Breakdown
Residential
7,791
Single Family
7,542
Multi-Family
249
Businesses
678
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Listed by: Cristin Holloway • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2068478