647 Taranto AveBlackwoodNJ08012
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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 Blackwood at 647 Taranto Ave, Blackwood, NJ, 08012 earns $477/mo cash flow from $2,971/mo rent with a $1,713/mo payment. Total monthly income totals $2,971/mo, and annual cash flow totals $5,719/yr on $115,992 capital. ROI tracks 24.84% on current figures, and rental yield reads 10.19% at a $349,900 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,671 over five years. Five-year ROI reaches 130.53% and total cumulative return in cash sums $151,398. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,971/mo property income instead of your personal income.
Single Family
Built in 1977
9,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
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Listed by: Kevin Piccolo • Piccolo Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2107430