370 Union AveBellmawrNJ08031
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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 Bellmawr at 370 Union Ave, Bellmawr, NJ, 08031 offers $2,867/mo rent that, after a $1,835/mo payment, leaves $195/mo cash flow. Total monthly income is $2,867/mo, and annual cash flow is $2,337/yr on $124,279 cash. Return on cash invested measures 21.79% in year one, and rental yield stands at 9.18% at a $374,900 entry. Equity gained on principal adds $2,419/yr while 5% annual appreciation compounds into $103,578 by year five. Five-year ROI records 114.16% and total cumulative return in cash reaches $141,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,867/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
3,938 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08031, Bellmawr, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,012 (100%) |
| Owner Occupied HU | 3,218 (64.2%) |
| Renter Occupied HU | 1,634 (32.6%) |
| Vacant Housing Units | 160 ( 3.2%) |
| Median Home Value | $294,946 |
| Average Home Value | $379,738 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,475
Multi-Family
413
Businesses
242
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Listed by: Dave Beach • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJCD2098886