344 Raritan AveAtcoNJ08004
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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 Atco at 344 Raritan Ave, Atco, NJ, 08004 offers $2,108/mo rent that, after a $1,542/mo payment. Total monthly income is $2,108/mo. Return on cash invested measures 18.33% in year one, and rental yield stands at 8.03% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 95.62% and total cumulative return in cash reaches $99,845. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,108/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08004, Atco, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,954 (100%) |
| Owner Occupied HU | 3,905 (78.8%) |
| Renter Occupied HU | 829 (16.7%) |
| Vacant Housing Units | 220 ( 4.4%) |
| Median Home Value | $327,719 |
| Average Home Value | $357,030 |
Housing Distribution
Address Breakdown
Residential
4,703
Single Family
4,397
Multi-Family
306
Businesses
262
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Listed by: Mia Ditta • Weichert Realtors-Medford
Mls Name: Bright MLS
Mls ID: #NJCD2103424