3743 Forrest AvePennsaukenNJ08110
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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
Investment property for sale in Pennsauken at 3743 Forrest Ave, Pennsauken, NJ, 08110 listed at $230,000 pairs $1,587/mo rent with a $1,126/mo payment. Total monthly income runs $1,587/mo. Return on cash invested measures 19.08% in year one, and rental yield registers 8.28% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 99.68% and total cumulative return in cash totals $76,003. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,587/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08110, Pennsauken, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,087 (100%) |
| Owner Occupied HU | 4,586 (64.7%) |
| Renter Occupied HU | 2,047 (28.9%) |
| Vacant Housing Units | 454 ( 6.4%) |
| Median Home Value | $259,000 |
| Average Home Value | $335,158 |
Housing Distribution
Address Breakdown
Residential
6,834
Single Family
6,578
Multi-Family
256
Businesses
819
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Listed by: Gary DeGree, Sr. • 1ST DEGREE REALTY, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2102258