318 John Alden DrBuenaNJ08310
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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 Buena at 318 John Alden Dr, Buena, NJ, 08310 priced at $139,000 converts $1,073/mo rent into $83/mo cash flow after a $680/mo obligation. Total monthly income equals $1,073/mo, and annual cash flow totals $991/yr on $46,079 invested. Return on cash invested prints 22.06% in year one, and rental yield reads 9.26% against a $139,000 entry. Equity gained on principal adds $897/yr, while 5% annual appreciation compiles into $38,403 by year five. Five-year ROI reaches 115.65% and total cumulative return in cash sums $53,288. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,073/mo property income covering a $680/mo payment, not borrower’s personal income.
Manufactured
Built in 1987
7,405 sqft 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
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Listed by: Susan Romeo • Exit Homestead Realty Professi
Mls Name: Bright MLS
Mls ID: #NJAC2020652