623 Hudson AvePitmanNJ08071
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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 Pitman at 623 Hudson Ave, Pitman, NJ, 08071 listed at $338,000 pairs $3,182/mo rent with a $1,654/mo payment to leave $684/mo cash flow. Total monthly income runs $3,182/mo, and annual cash flow reaches $8,213/yr on $112,047 cash to close. Return on cash invested measures 27.24% in year one, and rental yield registers 11.3% at a $338,000 basis. Equity gained on principal adds $2,181/yr, and annual property appreciation at 5% supports $93,383 by year five. Five-year ROI tracks 143.74% and total cumulative return in cash totals $161,054. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,182/mo property income relative to a $1,654/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08071, Pitman, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,256 (100%) |
| Owner Occupied HU | 3,097 (72.8%) |
| Renter Occupied HU | 860 (20.2%) |
| Vacant Housing Units | 299 ( 7.0%) |
| Median Home Value | $332,494 |
| Average Home Value | $359,976 |
Housing Distribution
Address Breakdown
Residential
3,709
Single Family
3,698
Multi-Family
11
Businesses
297
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Listed by: N/A • N/A
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