5 E Sumner AveStrathmereNJ08248
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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 Strathmere at 5 E Sumner Ave, Strathmere, NJ, 08248 offers a 2.51% rental yield on a $1,890,000 purchase with $3,961/mo rent. 73% in year one. Equity gained on principal adds $12,196/yr while 5% annual appreciation supports $522,172 over five years. Portfolio math shows five-year ROI at 6.52% and total cumulative return in cash at $39,955. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,961/mo property income against a $9,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08248, Strathmere, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 394 (100%) |
| Owner Occupied HU | 71 (18.0%) |
| Renter Occupied HU | 6 ( 1.5%) |
| Vacant Housing Units | 317 (80.5%) |
| Median Home Value | $948,529 |
| Average Home Value | $926,056 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
14
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Listed by: John A McCann • C. A. McCANN & SONS
Mls Name: CMCAOR
Mls ID: #253180