539 W Merchant StAudubonNJ08106
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 Audubon at 539 W Merchant St, Audubon, NJ, 08106 priced at $419,000 converts $3,590/mo rent into $603/mo cash flow after a $2,051/mo obligation. Total monthly income equals $3,590/mo, and annual cash flow totals $7,239/yr on $138,899 invested. Return on cash invested prints 25.12% in year one, and rental yield reads 10.28% against a $419,000 entry. Equity gained on principal adds $2,704/yr, while 5% annual appreciation compiles into $115,762 by year five. Five-year ROI reaches 132.05% and total cumulative return in cash sums $183,413. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,590/mo property income covering a $2,051/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,555 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08106, Audubon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,277 (100%) |
| Owner Occupied HU | 2,849 (66.6%) |
| Renter Occupied HU | 1,275 (29.8%) |
| Vacant Housing Units | 153 ( 3.6%) |
| Median Home Value | $349,662 |
| Average Home Value | $383,121 |
Housing Distribution
Address Breakdown
Residential
4,224
Single Family
3,914
Multi-Family
310
Businesses
296
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Listed by: John Erwin • Weichert Realtors-Haddonfield
Mls Name: Bright MLS
Mls ID: #NJCD2100424