523 York StBurlingtonNJ08016
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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 523 York St, Burlington, NJ, 08016 at $299,000 posts ROI 19.12% with from $2,066/mo rent. Total monthly income equals $2,066/mo. Return on cash invested measures 19.12% and rental yield reads 8.29% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 99.9% and total cumulative return in cash totals $99,022. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,066/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1899
1,869 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: Morshad Hossain • Redfin
Mls Name: Bright MLS
Mls ID: #NJBL2098078