329 Union AveRunnemedeNJ08078
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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 Runnemede at 329 Union Ave, Runnemede, NJ, 08078 priced at $305,000 pairs $2,166/mo rent with after a $1,493/mo payment. Total monthly income equals $2,166/mo. Return on cash invested is 19.81% in year one, and rental yield stands at 8.52% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 103.55% and total cumulative return in cash reaches $104,698. For financing, Ziffy Mortgage’s DSCR program evaluates $2,166/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1934
0.34 Acres 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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Listed by: Fran Reese • BHHS Fox & Roach-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2103892