289 C St, Penns Grove, NJ, 08069 | 8.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Penns Grove at 289 C St, Penns Grove, NJ, 08069 earns from $1,486/mo rent with a $1,076/mo payment. Total monthly income totals $1,486/mo. ROI tracks 18.57% on current figures, and rental yield reads 8.11% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 96.91% and total cumulative return in cash sums $70,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,486/mo property income instead of your personal income.

Single Family

Built in 1920

5,450 sqft 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