6167 Grant AvePennsaukenNJ08109
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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 Pennsauken at 6167 Grant Ave, Pennsauken, NJ, 08109 uses $119,340 cash to close to unlock $8,952/yr annual cash flow and $746/mo monthly cash flow. Total monthly income runs $3,312/mo, and a $1,762/mo payment keeps the spread at $746/mo. Purchase price stands at $360,000, and rental yield measures 11.04% with $3,312/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 144.29% and total cumulative return in cash records $172,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,312/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1916
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08109, Merchantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,321 (100%) |
| Owner Occupied HU | 6,318 (67.8%) |
| Renter Occupied HU | 2,597 (27.9%) |
| Vacant Housing Units | 406 ( 4.4%) |
| Median Home Value | $280,019 |
| Average Home Value | $303,316 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,485
Multi-Family
1,449
Businesses
725
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Listed by: Shakir Ali • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2107246