38 Lincoln AveWest Collingswood HeightsNJ08059
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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 West Collingswood Heights at 38 Lincoln Ave, West Collingswood Heights, NJ, 08059 offers a 8.48% rental yield on a $549,900 purchase with $3,888/mo rent. 85% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 103.75% and total cumulative return in cash at $187,706. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,888/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08059, Mount Ephraim, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,530 (100%) |
| Owner Occupied HU | 1,917 (75.8%) |
| Renter Occupied HU | 508 (20.1%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $273,405 |
| Average Home Value | $312,990 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,224
Multi-Family
146
Businesses
156
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Listed by: Dave Beach • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJCD2106094