27 Lincoln DrLaurel SpringsNJ08021
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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 Laurel Springs at 27 Lincoln Dr, Laurel Springs, NJ, 08021 offers $3,870/mo rent that, after a $2,349/mo payment, leaves $449/mo cash flow. Total monthly income is $3,870/mo, and annual cash flow is $5,391/yr on $159,087 cash. Return on cash invested measures 23.3% in year one, and rental yield stands at 9.68% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 122.26% and total cumulative return in cash reaches $194,505. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,870/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: Fred Calvello • Century 21 Rauh & Johns
Mls Name: Bright MLS
Mls ID: #NJCD2108478