39 E 2nd AveRunnemedeNJ08078
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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 Runnemede at 39 E 2nd Ave, Runnemede, NJ, 08078 with 5% annual appreciation on a $399,000 basis while $3,293/mo rent supports operations. Total monthly income totals $3,293/mo and a $1,953/mo payment preserves $449/mo for cash returns. Annual cash flow comes to $5,387/yr on $132,269 deployed, and return on cash invested reaches 23.98% in year one. Equity gained on principal adds $2,575/yr, and five-year appreciation sums $110,236 alongside rental yield of 9.9%. Five-year ROI measures 125.91% and total cumulative return in cash totals $166,538.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,293/mo property income versus a $1,953/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,258
Multi-Family
86
Businesses
241
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Listed by: Bayram Kose • RE/MAX Of Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2107708