5 Richard Stockton BldgBlackwoodNJ08012
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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
Rental property for sale in Blackwood at 5 Richard Stockton Bldg, Blackwood, NJ, 08012 priced at $249,900 pairs $1,778/mo rent with after a $1,223/mo payment. Total monthly income equals $1,778/mo. Return on cash invested is 19.86% in year one, and rental yield stands at 8.54% on a $249,900 basis. Equity gained on principal adds $1,613/yr, and 5% annual appreciation accumulates to $69,043 by year five. Five-year ROI measures 103.82% and total cumulative return in cash reaches $86,006. For financing, Ziffy Mortgage’s DSCR program evaluates $1,778/mo property income against a $1,223/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1973
N/A 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: Johnson Z Yerkes III • Century 21 Rauh & Johns
Mls Name: Bright MLS
Mls ID: #NJGL2068372