








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 Pitman at 416 Wesley Ave, Pitman, NJ, 08071 offers a 11.02% rental yield on a $310,000 purchase with $2,846/mo rent. Total monthly income registers $2,846/mo, and a $1,517/mo payment leaves $637/mo available for distribution. Annual cash flow reaches $7,640/yr on $102,765 to close, and return on cash invested stands at 27.34% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 143.95% and total cumulative return in cash at $147,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,846/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Yvonne Andreas-Kerr • Innovate Realty
Mls Name: Bright MLS
Mls ID: #NJGL2060540