601 W Lincoln AveMagnoliaNJ08049
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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
Total monthly income runs $2,599/mo, and a $1,810/mo payment. Purchase price stands at $369,900, and rental yield measures 8.43% with $2,599/mo rent. Return on cash invested shows 19.55% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 102.12% and total cumulative return in cash records $125,218. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,599/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08049, Magnolia, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,242 (100%) |
| Owner Occupied HU | 1,616 (72.1%) |
| Renter Occupied HU | 532 (23.7%) |
| Vacant Housing Units | 94 ( 4.2%) |
| Median Home Value | $271,498 |
| Average Home Value | $462,888 |
Housing Distribution
Address Breakdown
Residential
2,192
Single Family
2,039
Multi-Family
153
Businesses
101
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Listed by: Tory Schroff • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2109312