399 Pierson RdPilesgroveNJ08098
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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
Rental property for sale in Pilesgrove at 399 Pierson Rd, Pilesgrove, NJ, 08098 generates $3,600/mo in rent, after a $2,540/mo payment. Total monthly income is $3,600/mo. Return on cash invested sits at 19.36% in year one, and rental yield is 8.32% on a $519,000 entry. Equity gained on principal adds $3,349/yr, while 5% annual appreciation builds toward $143,390 over five years. Five-year ROI reaches 101.11% and total cumulative return in cash sums $172,653. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,600/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
3.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08098, Woodstown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,930 (100%) |
| Owner Occupied HU | 2,805 (71.4%) |
| Renter Occupied HU | 905 (23.0%) |
| Vacant Housing Units | 220 ( 5.6%) |
| Median Home Value | $358,638 |
| Average Home Value | $434,042 |
Housing Distribution
Address Breakdown
Residential
3,636
Single Family
3,549
Multi-Family
87
Businesses
253
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Listed by: David Marcantuno • Keller Williams Hometown
Mls Name: Bright MLS
Mls ID: #NJSA2016480