35 Granite Ln, Carneys Pt, NJ, 08069 | $419/mo Cash Flow

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35 Granite Ln, Carneys Pt, NJ, 08069 | $419/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

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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

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Investment Highlights

Rental property for sale in Carneys Pt at 35 Granite Ln, Carneys Pt, NJ, 08069 generates $2,842/mo in rent and, after a $1,664/mo payment, leaves $419/mo in cash flow. Total monthly income is $2,842/mo, and annual cash flow is $5,024/yr on $112,710 invested. Return on cash invested sits at 24.37% in year one, and rental yield is 10.03% on a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation builds toward $93,936 over five years. Five-year ROI reaches 127.97% and total cumulative return in cash sums $144,234. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,842/mo property income rather than buyer’s personal income.

Single Family

Built in 2012

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to 35 Granite Lane in the desirable Cornerstone Estates neighborhood in Carneys Point! This 3-bedroom, 2.5 bath home is 12 years young, has a FINISHED BASEMENT, and a white vinyl FENCED BACKYARD! You will notice the good curb appeal as you walk up to the covered front porch. Inside, find a spacious living room, dining room with hardwood floors and chair rail, and a kitchen with island area, granite countertop, and stainless-steel appliances! The 2-car oversized garage has a workshop and is heated! Also, plenty of garage storage. Upstairs, find a 16x13 primary bedroom complete with a private bathroom, and a WALK IN CLOSET! The other 2 bedrooms are ample sized. White trim/white doors, and neutral paint tones throughout. A great feature of the home is the FINISHED BASEMENT! What a great family room area, space for a 4th bedroom if desired, office, or workout area. Endless possibilities! (There is also rough plumbing installed for a half bath in the basement. So even more potential to unlock!) With the finished basement, looking at almost 2,000 square feet of living space! Washer/Dryer area and a storage space round out the finished basement. Outside, find a white vinyl fenced yard! The lot is 100x150 and there is a sprinkler system for the front and side yard. The property is also wired for a security system. Gas heat/central air/private water/city sewer lend the best of all utilities. And no flood insurance required for this property! Granite Lane is conveniently located a few minutes from major travel arteries of 295, NJ Turnpike, Delaware Memorial Bride/95. Philadelphia, PA & Wilmington, DE are both approximately 30 minutes awayso if you are a commutereasy access for sure! Schedule your tour today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08069, Penns Grove, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,061 (100%)
Owner Occupied HU	3,079 (50.8%)
Renter Occupied HU	2,317 (38.2%)
Vacant Housing Units	665 (11.0%)
Median Home Value	$209,820
Average Home Value	$314,811

Housing Distribution

Address Breakdown

Residential

5,212

Single Family

4,783

Multi-Family

429

Businesses

292

Price History

Date	Event	Price
No price history data available

Tax History

Date	Tax Paid	Tax Increase Rate	Value	Value Increase Rate
No tax history data available

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The Brando - 55+ Plan, Parks Edge at Bayberry 55+, Middletown, DE, 19709

3 Bed
3 Bath
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832 Lissicasey Loop, Middletown, DE, 19709

3 Bed
3 Bath
1725 sft

41 Wellington Dr, Newark, DE, 19702

3 Bed
3 Bath
1225 sft

137 Wye Oak Dr, Townsend, DE, 19734

Nearby investment properties with comparable prices

3 Bed
3 Bath
1650 sft

331 Norman Dr, Newark, DE, 19702

3 Bed
2 Bath
1638 sft

45 Chestnut St, Pennsville, NJ, 08070

3 Bed
2 Bath
1000 sft

125 Garrett Rd, Newark, DE, 19713

2 Bed
2 Bath
1050 sft

77 Grand National Ln #12, Newark, DE, 19702

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Facts & Features

General Information

Type: SingleFamily
Year Built: 2012
Architectural Style: N/A
Building Area: N/A
Living Area: N/A
Property Condition: N/A

Features & Amenities

Heating: N/A
Cooling: N/A
Flooring: N/A
Interior Features: N/A
Exterior Features: N/A
Parking Features: Covered, Garage Faces Front, Inside Entrance, Oversized, Concrete, Driveway, Attached

Location

City: Carneys Pt
State: NJ
Subdivision: N/A
Lot Size: 0.34 Acres
Lot Features: N/A
View: N/A

HOA & Fees

HOA Fee: N/A
Association Fee: N/A
Fees & Dues: N/A
Association Amenities: N/A
Association Fee Includes: N/A

Utilities

Utilities: N/A
Sewer: N/A
Water Source: N/A
Road Surface Type: N/A

School Information

Elementary School: N/A
Middle School: N/A
High School: N/A

Listed by: Tara Puitz • Mahoney Realty Pennsville, LLC

Mls Name: Bright MLS

Mls ID: #NJSA2013980

35 Granite Ln,Carneys Pt,NJ,08069

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Ziffy AI Summary

Investment Highlights

More details about the property

Neighborhood Data

Housing Distribution

Housing Statistics

Housing Distribution

Address Breakdown

Price History

Tax History

Nearby investment properties with comparable rents

Nearby investment properties with comparable prices

Facts & Features

General Information

Features & Amenities

Location

HOA & Fees

Utilities

School Information

35 Granite LnCarneys PtNJ08069