559 Florence AvePitmanNJ08071
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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 Pitman at 559 Florence Ave, Pitman, NJ, 08071 offers $3,976/mo rent that, after a $2,314/mo payment, leaves $606/mo cash flow. Total monthly income is $3,976/mo, and annual cash flow is $7,276/yr on $156,700 cash. Return on cash invested measures 24.55% in year one, and rental yield stands at 10.09% at a $472,700 entry. Equity gained on principal adds $3,050/yr while 5% annual appreciation compounds into $130,598 by year five. Five-year ROI records 128.99% and total cumulative return in cash reaches $202,121. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,976/mo property income versus a $2,314/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Housing Distribution
Address Breakdown
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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