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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Clementon at 33 Palmetta Ave, Clementon, NJ, 08021 generates $2,875/mo in rent and, after a $1,468/mo payment, leaves $737/mo in cash flow. Total monthly income is $2,875/mo, and annual cash flow is $8,847/yr on $99,417 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 11.5% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 151.84% and total cumulative return in cash sums $150,952. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,875/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
| 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 |
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Robert Greenblatt • Weichert Realtors - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2102802
