613 Hawks Bridge Rd, Penns Grove, NJ, 08069 | 7.82% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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613 Hawks Bridge Rd, Penns Grove, NJ, 08069 | 7.82% Rental Yield | Ziffy

For Sale

Listed for sale 7 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Penns Grove at 613 Hawks Bridge Rd, Penns Grove, NJ, 08069 offers $2,280/mo rent that, after a $1,713/mo payment. Total monthly income is $2,280/mo. Return on cash invested measures 17.69% in year one, and rental yield stands at 7.82% at a $349,999 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,698 by year five. Five-year ROI records 92.19% and total cumulative return in cash reaches $106,958. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1938

0.33 Acres lot

$N/A/sqft

No HOA

More details about the property

Coming Soon! Step inside this beautifully renovated Colonial style home that truly feels brand new from top to bottom. Thoughtfully updated with modern comforts and timeless charm, this 3 bedroom, 1.5 bath property is the perfect blend of style, function, and peace of mind. Step into the extra spacious living room, featuring elegant wainscoting and plenty of space for gatherings, relaxation, or entertaining. The all-new kitchen shines with fresh finishes and updated design, making meal prep feel effortless and enjoyable. This home has undergone an extensive renovation with more to come. Brand new HVAC, roof, electric & plumbing, insulation, drywall and paint, fully updated bathrooms, modernized kitchen and so much more. If you're seeking a move-in-ready home with major upgrades already complete, this is the one you wont want to miss. Showings expected to begin around December 12th.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08069, Penns Grove, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,061 (100%)
Owner Occupied HU	3,079 (50.8%)
Renter Occupied HU	2,317 (38.2%)
Vacant Housing Units	665 (11.0%)
Median Home Value	$209,820
Average Home Value	$314,811