313 John Alden DrBuenaNJ08310
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 Buena at 313 John Alden Dr, Buena, NJ, 08310 offers a 9.38% rental yield on a $118,000 purchase with $922/mo rent. Total monthly income registers $922/mo, and a $578/mo payment leaves $80/mo available for distribution. Annual cash flow reaches $966/yr on $39,117 to close, and return on cash invested stands at 22.38% in year one. Equity gained on principal adds $761/yr while 5% annual appreciation supports $32,601 over five years. Portfolio math shows five-year ROI at 117.38% and total cumulative return in cash at $45,915. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $922/mo property income against a $578/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08310, Buena, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 900 (100%) |
| Owner Occupied HU | 656 (72.9%) |
| Renter Occupied HU | 165 (18.3%) |
| Vacant Housing Units | 79 ( 8.8%) |
| Median Home Value | $231,188 |
| Average Home Value | $279,367 |
Housing Distribution
Address Breakdown
Residential
825
Single Family
533
Multi-Family
292
Businesses
82
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nell Woulfe • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJAC2021716