634 Grant AveWoodbineNJ08270
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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 Woodbine at 634 Grant Ave, Woodbine, NJ, 08270 uses $119,009 cash to close to unlock $9,675/yr annual cash flow and $806/mo monthly cash flow. Total monthly income runs $3,365/mo, and a $1,757/mo payment keeps the spread at $806/mo. Purchase price stands at $359,000, and rental yield measures 11.25% with $3,365/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 147.7% and total cumulative return in cash records $175,771. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,365/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08270, Woodbine, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,322 (100%) |
| Owner Occupied HU | 2,409 (72.5%) |
| Renter Occupied HU | 473 (14.2%) |
| Vacant Housing Units | 440 (13.2%) |
| Median Home Value | $453,687 |
| Average Home Value | $496,683 |
Housing Distribution
Address Breakdown
Residential
2,748
Single Family
2,747
Multi-Family
1
Businesses
142
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Listed by: Jennifer Gensemer • LONG & FOSTER REAL ESTATE, INC av
Mls Name: CMCAOR
Mls ID: #252782