608 S Atlantic AveCollingswoodNJ08108
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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
Investment property for sale in Collingswood at 608 S Atlantic Ave, Collingswood, NJ, 08108 uses $180,917 cash to close to unlock $10,571/yr annual cash flow and $881/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $2,691/mo payment keeps the spread at $881/mo. Purchase price stands at $549,900, and rental yield measures 10.47% with $4,800/mo rent. Return on cash invested shows 25.9% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 136.19% and total cumulative return in cash records $246,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Multi Family
Built in 1890
8,751 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08108, Collingswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,359 (64.2%) |
| Renter Occupied HU | 2,583 (30.9%) |
| Vacant Housing Units | 408 ( 4.9%) |
| Median Home Value | $429,272 |
| Average Home Value | $473,573 |
Housing Distribution
Address Breakdown
Residential
8,292
Single Family
6,562
Multi-Family
1,730
Businesses
675
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Listed by: Paul Ciervo • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCD2101416