318 Walnut AveOaklynNJ08107
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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 Oaklyn at 318 Walnut Ave, Oaklyn, NJ, 08107 offers $3,220/mo rent that, after a $2,447/mo payment. Total monthly income is $3,220/mo. Return on cash invested measures 17.42% in year one, and rental yield stands at 7.73% at a $500,000 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,141 by year five. Five-year ROI records 90.74% and total cumulative return in cash reaches $150,404. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,220/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08107, Oaklyn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 3,138 (48.6%) |
| Renter Occupied HU | 2,854 (44.2%) |
| Vacant Housing Units | 463 ( 7.2%) |
| Median Home Value | $317,690 |
| Average Home Value | $352,373 |
Housing Distribution
Address Breakdown
Residential
6,024
Single Family
4,752
Multi-Family
1,272
Businesses
300
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Listed by: Nicholas Brown • BHHS Fox & Roach-Medford
Mls Name: Bright MLS
Mls ID: #NJCD2108490