36 E Canal StAllowayNJ08001
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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 Alloway at 36 E Canal St, Alloway, NJ, 08001 priced at $429,100 pairs $3,580/mo rent with $522/mo cash flow after a $2,100/mo payment. Total monthly income equals $3,580/mo, and annual cash flow comes to $6,260/yr on $142,247 invested. Return on cash invested is 24.31% in year one, and rental yield stands at 10.01% on a $429,100 basis. Equity gained on principal adds $2,769/yr, and 5% annual appreciation accumulates to $118,552 by year five. Five-year ROI measures 127.67% and total cumulative return in cash reaches $181,604. For financing, Ziffy Mortgage’s DSCR program evaluates $3,580/mo property income against a $2,100/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08001, Alloway, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 345 (100%) |
| Owner Occupied HU | 277 (80.3%) |
| Renter Occupied HU | 43 (12.5%) |
| Vacant Housing Units | 25 ( 7.2%) |
| Median Home Value | $399,153 |
| Average Home Value | $677,753 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
39
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Listed by: N/A • N/A
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