475 Locust AveBurlingtonNJ08016
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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 Burlington at 475 Locust Ave, Burlington, NJ, 08016 with 5% annual appreciation on a $315,000 basis while $2,606/mo rent supports operations. Total monthly income totals $2,606/mo and a $1,542/mo payment preserves $361/mo for cash returns. Annual cash flow comes to $4,326/yr on $104,423 deployed, and return on cash invested reaches 24.05% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 9.93%. Five-year ROI measures 126.3% and total cumulative return in cash totals $131,885.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,606/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1880
1,272 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
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Listed by: Belmax De Jesus • Silver and Oak Realty
Mls Name: Bright MLS
Mls ID: #NJBL2097324