319 Bowers AveRunnemedeNJ08078
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 Runnemede at 319 Bowers Ave, Runnemede, NJ, 08078 earns from $2,012/mo rent with a $1,468/mo payment. Total monthly income totals $2,012/mo. ROI tracks 18.39% on current figures, and rental yield reads 8.05% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 95.96% and total cumulative return in cash sums $95,404. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,012/mo property income instead of your personal income.
Single Family
Built in 1926
5,375 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08078, Runnemede, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,441 (100%) |
| Owner Occupied HU | 2,316 (67.3%) |
| Renter Occupied HU | 976 (28.4%) |
| Vacant Housing Units | 149 ( 4.3%) |
| Median Home Value | $273,232 |
| Average Home Value | $303,330 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,258
Multi-Family
86
Businesses
241
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Nearby investment properties with comparable prices
Listed by: Jennifer Riches • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2108454