33 Penwood Drive #55WhitingNJ08759
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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
Investment property for sale in Whiting at 33 Penwood Drive #55, Whiting, NJ, 08759 listed at $267,400 pairs $2,562/mo rent with a $1,309/mo payment to leave $469/mo cash flow. Total monthly income runs $2,562/mo, and annual cash flow reaches $5,626/yr on $88,643 cash to close. Return on cash invested measures 26.26% in year one, and rental yield registers 11.5% at a $267,400 basis. Equity gained on principal adds $1,725/yr, and annual property appreciation at 5% supports $73,878 by year five. Five-year ROI tracks 139.03% and total cumulative return in cash totals $123,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,562/mo property income relative to a $1,309/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
7,840 sqft lot
$N/A/sqft
$187 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08759, Manchester Township, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,283 (100%) |
| Owner Occupied HU | 19,068 (81.9%) |
| Renter Occupied HU | 2,211 ( 9.5%) |
| Vacant Housing Units | 2,004 ( 8.6%) |
| Median Home Value | $231,529 |
| Average Home Value | $352,495 |
Housing Distribution
Address Breakdown
Residential
22,057
Single Family
21,519
Multi-Family
538
Businesses
338
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Listed by: Denise Shaw • Agosta Realty Group LLC
Mls Name: MoreMLS
Mls Provider:
Mls ID: #22514373
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.