508 Fern AveDeptfordNJ08096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Deptford at 508 Fern Ave, Deptford, NJ, 08096 priced at $399,900 converts $3,354/mo rent into $504/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,354/mo, and annual cash flow totals $6,047/yr on $132,567 invested. Return on cash invested prints 24.47% in year one, and rental yield reads 10.06% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 128.53% and total cumulative return in cash sums $170,384. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,354/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1999
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08096, Woodbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 10,628 (67.5%) |
| Renter Occupied HU | 4,199 (26.7%) |
| Vacant Housing Units | 917 ( 5.8%) |
| Median Home Value | $320,360 |
| Average Home Value | $345,177 |
Housing Distribution
Address Breakdown
Residential
14,505
Single Family
13,752
Multi-Family
753
Businesses
1,272
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Cairo • Coldwell Banker James C Otton Real Estate - CMCH
Mls Name: CMCAOR
Mls ID: #260162