606 S Browning AveSomerdaleNJ08083
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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 Somerdale at 606 S Browning Ave, Somerdale, NJ, 08083 offers $3,134/mo rent that, after a $1,762/mo payment, leaves $568/mo cash flow. Total monthly income is $3,134/mo, and annual cash flow is $6,819/yr on $119,307 cash. Return on cash invested measures 25.62% in year one, and rental yield stands at 10.45% at a $359,900 entry. Equity gained on principal adds $2,322/yr while 5% annual appreciation compounds into $99,434 by year five. Five-year ROI records 134.75% and total cumulative return in cash reaches $160,766. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,134/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08083, Somerdale, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,007 (100%) |
| Owner Occupied HU | 2,862 (71.4%) |
| Renter Occupied HU | 962 (24.0%) |
| Vacant Housing Units | 183 ( 4.6%) |
| Median Home Value | $312,500 |
| Average Home Value | $396,765 |
Housing Distribution
Address Breakdown
Residential
3,991
Single Family
3,991
Multi-Family
0
Businesses
241
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Listed by: Kim Schempp • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJCD2110120