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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Pitman at 368 Pitman Ave, Pitman, NJ, 08071 earns from $2,308/mo rent with a $1,713/mo payment. Total monthly income totals $2,308/mo. ROI tracks 17.98% on current figures, and rental yield reads 7.92% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 93.74% and total cumulative return in cash sums $108,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,308/mo property income instead of your personal income.
Multi Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Bob Dick Sr • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJGL2067030
