51 Peregrine WayBurlingtonNJ08016
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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 Burlington at 51 Peregrine Way, Burlington, NJ, 08016 uses $127,628 cash to close to unlock $9,566/yr annual cash flow and $797/mo monthly cash flow. Total monthly income runs $3,541/mo, and a $1,884/mo payment keeps the spread at $797/mo. Purchase price stands at $385,000, and rental yield measures 11.04% with $3,541/mo rent. Return on cash invested shows 27.4% in year one, and 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 144.29% and total cumulative return in cash records $184,150. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,541/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Condo
Built in 2022
3,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08016, Burlington, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,052 (100%) |
| Owner Occupied HU | 9,106 (64.8%) |
| Renter Occupied HU | 4,072 (29.0%) |
| Vacant Housing Units | 874 ( 6.2%) |
| Median Home Value | $380,853 |
| Average Home Value | $397,338 |
Housing Distribution
Address Breakdown
Residential
13,476
Single Family
12,745
Multi-Family
731
Businesses
973
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Listed by: Lilly I. Villar • BHHS FOX & ROACH REALTORS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2514183R
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