613 Williams TerRunnemedeNJ08078
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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 Runnemede at 613 Williams Ter, Runnemede, NJ, 08078 offers a 8.63% rental yield on a $325,000 purchase with $2,337/mo rent. Total monthly income registers $2,337/mo, and a $1,591/mo payment leaves $20/mo available for distribution. Annual cash flow reaches $242/yr on $107,738 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 105.31% and total cumulative return in cash at $113,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,337/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08078, Runnemede, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,441 (100%) |
| Owner Occupied HU | 2,316 (67.3%) |
| Renter Occupied HU | 976 (28.4%) |
| Vacant Housing Units | 149 ( 4.3%) |
| Median Home Value | $273,232 |
| Average Home Value | $303,330 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,258
Multi-Family
86
Businesses
241
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Listed by: Linda Werner • Mezzina Agency
Mls Name: Bright MLS
Mls ID: #NJCD2102768