32 Fairmount AveLindenwoldNJ08021
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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 Lindenwold at 32 Fairmount Ave, Lindenwold, NJ, 08021 priced at $269,900 pairs $1,885/mo rent with after a $1,321/mo payment. Total monthly income equals $1,885/mo. Return on cash invested is 19.39% in year one, and rental yield stands at 8.38% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 101.32% and total cumulative return in cash reaches $90,654. For financing, Ziffy Mortgage’s DSCR program evaluates $1,885/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: Bernadette Augello • BHHS Fox & Roach-Washington-Gloucester
Mls Name: Bright MLS
Mls ID: #NJCD2108548