505 Orchard AvePalmyraNJ08065
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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 Palmyra at 505 Orchard Ave, Palmyra, NJ, 08065 at $244,900 posts ROI 18.9% with from $1,678/mo rent. Total monthly income equals $1,678/mo. Return on cash invested measures 18.9% and rental yield reads 8.22% at the current $244,900. Equity gained on principal adds $1,580/yr, and 5% annual appreciation supports $67,661 by year five. Five-year ROI prints 98.76% and total cumulative return in cash totals $80,177. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,678/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
4,996 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08065, Palmyra, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,608 (100%) |
| Owner Occupied HU | 2,481 (68.8%) |
| Renter Occupied HU | 944 (26.2%) |
| Vacant Housing Units | 183 ( 5.1%) |
| Median Home Value | $261,831 |
| Average Home Value | $398,720 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
3,290
Multi-Family
28
Businesses
220
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Nearby investment properties with comparable prices
Listed by: Christina Calvo • GenStone Realty LLC
Mls Name: Bright MLS
Mls ID: #NJBL2101920