509 Broad StHainesportNJ08036
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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 Hainesport at 509 Broad St, Hainesport, NJ, 08036 priced at $350,000 pairs $2,731/mo rent with $236/mo cash flow after a $1,713/mo payment. Total monthly income equals $2,731/mo, and annual cash flow comes to $2,836/yr on $116,025 invested. Return on cash invested is 22.35% in year one, and rental yield stands at 9.36% on a $350,000 basis. Equity gained on principal adds $2,258/yr, and 5% annual appreciation accumulates to $96,699 by year five. Five-year ROI measures 117.21% and total cumulative return in cash reaches $135,998. For financing, Ziffy Mortgage’s DSCR program evaluates $2,731/mo property income against a $1,713/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08036, Hainesport, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,415 (100%) |
| Owner Occupied HU | 2,057 (85.2%) |
| Renter Occupied HU | 241 ( 10.0%) |
| Vacant Housing Units | 117 ( 4.8%) |
| Median Home Value | $497,658 |
| Average Home Value | $562,103 |
Housing Distribution
Address Breakdown
Residential
2,375
Single Family
2,374
Multi-Family
1
Businesses
338
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Listed by: Robert Greenblatt • Weichert Realtors - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2096166