39 Frambes AvePleasantvilleNJ08232
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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 Pleasantville at 39 Frambes Ave, Pleasantville, NJ, 08232 listed at $299,000 pairs $3,978/mo rent with a $1,463/mo payment to leave $1,847/mo cash flow. Total monthly income runs $3,978/mo, and annual cash flow reaches $22,167/yr on $99,119 cash to close. Return on cash invested measures 42.27% in year one, and rental yield registers 15.97% at a $299,000 basis. Equity gained on principal adds $1,929/yr, and annual property appreciation at 5% supports $82,608 by year five. Five-year ROI tracks 224.02% and total cumulative return in cash totals $222,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,978/mo property income relative to a $1,463/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1926
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
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Listed by: Chirag Patnaik • Snappy Home Realty LLC
Mls Name: Bright MLS
Mls ID: #NJAC2021104