437 Pennington AveWaterford WorksNJ08089
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Waterford Works at 437 Pennington Ave, Waterford Works, NJ, 08089 at $500,000 posts ROI 20.56% with $89/mo cash flow from $3,653/mo rent. Total monthly income equals $3,653/mo, and annual cash flow records $1,072/yr on $165,750 to close. Return on cash invested measures 20.56% and rental yield reads 8.77% at the current $500,000. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,141 by year five. Five-year ROI prints 107.55% and total cumulative return in cash totals $178,268.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,653/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08089, Waterford Works, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,640 (100%) |
| Owner Occupied HU | 1,333 (81.3%) |
| Renter Occupied HU | 222 (13.5%) |
| Vacant Housing Units | 85 ( 5.2%) |
| Median Home Value | $339,968 |
| Average Home Value | $422,907 |
Housing Distribution
Address Breakdown
Residential
1,509
Single Family
1,463
Multi-Family
46
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sam Lepore • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2109564