56 W Pearl StBurlingtonNJ08016
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 Burlington at 56 W Pearl St, Burlington, NJ, 08016 priced at $269,000 converts $2,128/mo rent into $210/mo cash flow after a $1,317/mo obligation. Total monthly income equals $2,128/mo, and annual cash flow totals $2,523/yr on $89,174 invested. Return on cash invested prints 22.74% in year one, and rental yield reads 9.49% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 119.28% and total cumulative return in cash sums $106,367. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,128/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Single Family
Built in 1880
1,185 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: Chris Seiler • RE/MAX World Class Realty
Mls Name: Bright MLS
Mls ID: #NJBL2095434