37 W 5th Ave, Runnemede, NJ, 08078 | $526/mo Cash Flow

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37 W 5th Ave, Runnemede, NJ, 08078 | $526/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in Runnemede at 37 W 5th Ave, Runnemede, NJ, 08078 offers a 10.5% rental yield on a $324,900 purchase with $2,842/mo rent. Total monthly income registers $2,842/mo, and a $1,590/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,317/yr on $107,704 to close, and return on cash invested stands at 25.77% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 135.53% and total cumulative return in cash at $145,973. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,842/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1919

6,199 sqft lot

$N/A/sqft

No HOA

More details about the property

Step into a beautifully renovated gem that seamlessly blends classic charm with modern convenience. This stunning Dutch Colonial home, built in 1919 and set to shine with major renovations in 2025, offers a perfect canvas for your lifestyle. With three spacious bedrooms and a well-appointed full bathroom, this residence is designed for comfort and functionality. The heart of the home features a combination kitchen and dining area, adorned with upgraded countertops and stainless steel appliances, including a gas oven/range, dishwasher, and refrigerator. Imagine hosting gatherings in this inviting space, enhanced by recessed lighting and a cozy dining area that encourages connection and conversation. Natural light floods through energy-efficient double-hung windows, creating a warm and welcoming atmosphere throughout. The living areas are complemented by beautiful laminate flooring and ceiling fans, ensuring a comfortable environment year-round. Outside, the property boasts a generous driveway with space for three vehicles, ensuring convenience for you and your guests. Located on a quiet dead-end street with a walking trail, this home is a rare find, combining historical elegance with modern upgrades. Don't miss the opportunity to make this beautiful property your own, where every detail has been thoughtfully considered for your ultimate enjoyment. Embrace the lifestyle you deserve in this newly renovated residence! Professional photos to come!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08078, Runnemede, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,441 (100%)
Owner Occupied HU	2,316 (67.3%)
Renter Occupied HU	976 (28.4%)
Vacant Housing Units	149 ( 4.3%)
Median Home Value	$273,232
Average Home Value	$303,330