27 Allen AveWoodstownNJ08098
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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 Woodstown at 27 Allen Ave, Woodstown, NJ, 08098 offers $2,665/mo rent that, after a $1,463/mo payment, leaves $534/mo cash flow. Total monthly income is $2,665/mo, and annual cash flow is $6,411/yr on $99,119 cash. Return on cash invested measures 26.38% in year one, and rental yield stands at 10.7% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 138.79% and total cumulative return in cash reaches $137,566. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,665/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08098, Woodstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,930 (100%) |
| Owner Occupied HU | 2,805 (71.4%) |
| Renter Occupied HU | 905 (23.0%) |
| Vacant Housing Units | 220 ( 5.6%) |
| Median Home Value | $358,638 |
| Average Home Value | $434,042 |
Housing Distribution
Address Breakdown
Residential
3,636
Single Family
3,549
Multi-Family
87
Businesses
253
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Listed by: Dawn Rapa • OMNI Real Estate Professionals
Mls Name: Bright MLS
Mls ID: #NJSA2015524