5 Benedette DrWaterford WorksNJ08089
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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 Waterford Works at 5 Benedette Dr, Waterford Works, NJ, 08089 offers a 12.5% rental yield on a $359,975 purchase with $3,749/mo rent. Total monthly income registers $3,749/mo, and a $1,762/mo payment leaves $1,183/mo available for distribution. Annual cash flow reaches $14,197/yr on $119,332 to close, and return on cash invested stands at 31.81% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,454 over five years. Portfolio math shows five-year ROI at 167.91% and total cumulative return in cash at $200,366. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,749/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.34 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
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Listed by: Tina Rannels • BHHS Fox & Roach-Vineland
Mls Name: Bright MLS
Mls ID: #NJCD2101590