5 Charles AveBlackwoodNJ08012
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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 Blackwood at 5 Charles Ave, Blackwood, NJ, 08012 uses $116,025 cash to close to unlock $8,056/yr annual cash flow and $671/mo monthly cash flow. Total monthly income runs $3,166/mo, and a $1,713/mo payment keeps the spread at $671/mo. Purchase price stands at $350,000, and rental yield measures 10.85% with $3,166/mo rent. Return on cash invested shows 26.85% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 141.32% and total cumulative return in cash records $163,970. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,166/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
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Listed by: Alyce Gerhardt • Keller Williams Liberty Place
Mls Name: Bright MLS
Mls ID: #NJCD2109668