268 Market St, Carneys Pt, NJ, 08069 | $103/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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268 Market St, Carneys Pt, NJ, 08069 | $103/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Carneys Pt at 268 Market St, Carneys Pt, NJ, 08069 earns $103/mo cash flow from $1,208/mo rent with a $759/mo payment. Total monthly income totals $1,208/mo, and annual cash flow totals $1,234/yr on $51,383 capital. ROI tracks 22.31% on current figures, and rental yield reads 9.35% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Five-year ROI reaches 116.94% and total cumulative return in cash sums $60,088. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,208/mo property income instead of your personal income.

Single Family

Built in 1917

3,598 sqft lot

$N/A/sqft

No HOA

More details about the property

Your next move starts here: 268 Market St, Carneys Point! Welcome to this bright & inviting 3bedroom ranch home, ideally designed for firsttime buyers or investors. Boasting an efficient floorplan, this residence offers a perfect canvas for customizationand a smart opportunity for either a fixandhold rental or a fixandflip project. Features include a separate cozy sunroom - filled with natural light - it can be your peaceful reading nook. Central air, coupled with gas heating & hot water: efficient, reliable comfort. The kitchen has abundant cabinetry for great storage & prep space. There is excellent storage in the partiallyfloored attic. Access to riverfront outdoor recreation, including hiking, picnicking at nearby Fort Mott State Park. Salem Community College campus hosts the Davidow Performing Arts Center and DuPont Field House, offering arts, theater and athletic events year-round. Also offers commuter convenience: close proximity to Rt 48, US Rt40 , I-295 & the NJ Turnpike. This property is balanced: ready to occupy now with essential comfortssunroom, gas heating, central airwhile offering cosmetic flexibility for personalized updates. It represents a savvy opportunity for both: 1st time homeowners, seeking a manageable, starter home and Investors, looking to fix-and-hold for passive rental income or fix-and-flip for resale gains. 268 Market St combines functional layout, desirable location, and strong investment potential. Dont miss outproperties like this, in Carneys Point, dont wait around! PLEASE NOTE: this property is being sold completely 'as is'.

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