285 14th StAvalonNJ08202
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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 Avalon at 285 14th St, Avalon, NJ, 08202 generates $3,850/mo in rent, after a $6,363/mo payment. Total monthly income is $3,850/mo. Return on cash invested sits at 4.94% in year one, and rental yield is 3.55% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 23.73% and total cumulative return in cash sums $99,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,850/mo property income rather than buyer’s personal income.
Townhouse
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08202, Avalon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,849 (100%) |
| Owner Occupied HU | 625 (10.7%) |
| Renter Occupied HU | 73 ( 1.2%) |
| Vacant Housing Units | 5,151 (88.1%) |
| Median Home Value | $1,636,598 |
| Average Home Value | $1,600,528 |
Housing Distribution
Address Breakdown
Residential
1,827
Single Family
1,813
Multi-Family
14
Businesses
239
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Listed by: Koleen Seits • BHHS Fox & Roach Wayne-Devon
Mls Name: Bright MLS
Mls ID: #NJCM2006718