28 Ridgewood PlWillingboroNJ08046
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Willingboro at 28 Ridgewood Pl, Willingboro, NJ, 08046 earns $1,640/mo cash flow from $2,594/mo rent with a $521/mo payment. Total monthly income totals $2,594/mo, and annual cash flow totals $19,678/yr on $35,272 capital. ROI tracks 75.7% on current figures, and rental yield reads 29.26% at a $106,400 purchase. Equity gained on principal adds $687/yr, and 5% annual appreciation supports $29,396 over five years. Five-year ROI reaches 405.7% and total cumulative return in cash sums $143,097. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,594/mo property income instead of your personal income.
Townhouse
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A