274 S Pennsville Auburn RdPenns GroveNJ08069
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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 Penns Grove at 274 S Pennsville Auburn Rd, Penns Grove, NJ, 08069 priced at $425,000 pairs $3,388/mo rent with $359/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,388/mo, and annual cash flow comes to $4,306/yr on $140,888 invested. Return on cash invested is 22.97% in year one, and rental yield stands at 9.57% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 120.46% and total cumulative return in cash reaches $169,709. For financing, Ziffy Mortgage’s DSCR program evaluates $3,388/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
1.10 Acres 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: Marlene San Miguel • Exit Homestead Realty Professi
Mls Name: Bright MLS
Mls ID: #NJSA2016802