36 Bridge DrTurnersvilleNJ08012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Turnersville at 36 Bridge Dr, Turnersville, NJ, 08012 generates $4,447/mo in rent and, after a $2,936/mo payment, leaves $171/mo in cash flow. Total monthly income is $4,447/mo, and annual cash flow is $2,055/yr on $197,367 invested. Return on cash invested sits at 21.1% in year one, and rental yield is 8.9% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 110.46% and total cumulative return in cash sums $218,008. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,447/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Johnson Z Yerkes III • Century 21 Rauh & Johns
Mls Name: Bright MLS
Mls ID: #NJGL2061302