




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Carneys Pt at 395 Hickory Ave, Carneys Pt, NJ, 08069 uses $113,837 cash to close to unlock $9,229/yr annual cash flow and $769/mo monthly cash flow. Total monthly income runs $3,217/mo, and a $1,681/mo payment keeps the spread at $769/mo. Purchase price stands at $343,400, and rental yield measures 11.24% with $3,217/mo rent. Return on cash invested shows 28.02% in year one, and 5% annual appreciation builds toward $94,875 over five years. Five-year ROI reaches 147.59% and total cumulative return in cash records $168,018. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,217/mo property income covering a $1,681/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08069, Penns Grove, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,061 (100%) |
| Owner Occupied HU | 3,079 (50.8%) |
| Renter Occupied HU | 2,317 (38.2%) |
| Vacant Housing Units | 665 (11.0%) |
| Median Home Value | $209,820 |
| Average Home Value | $314,811 |
Residential
5,212
Single Family
4,783
Multi-Family
429
Businesses
292
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Listing removed | $349,900 |
| 2025-06-25 | Price change | $349,900 |
| 2025-05-16 | Listed for sale | $369,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-13 | $6190.47 | 3.57% | $167,900 | N/A |
| 2023-10-13 | $5977.24 | 7.29% | $167,900 | N/A |
| 2022-10-13 | $5570.92 | -0.87% | $167,900 | N/A |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A