664 Scotland Run AveFranklinvilleNJ08322
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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
Rental property for sale in Franklinville at 664 Scotland Run Ave, Franklinville, NJ, 08322 generates $1,382/mo in rent, after a $984/mo payment. Total monthly income is $1,382/mo. Return on cash invested sits at 18.99% in year one, and rental yield is 8.25% on a $201,000 entry. Equity gained on principal adds $1,297/yr, while 5% annual appreciation builds toward $55,533 over five years. Five-year ROI reaches 99.21% and total cumulative return in cash sums $66,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,382/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08322, Franklinville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,082 (100%) |
| Owner Occupied HU | 3,475 (85.1%) |
| Renter Occupied HU | 404 ( 9.9%) |
| Vacant Housing Units | 203 ( 5.0%) |
| Median Home Value | $396,279 |
| Average Home Value | $387,237 |
Housing Distribution
Address Breakdown
Residential
3,703
Single Family
3,702
Multi-Family
1
Businesses
180
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Listed by: Elaine Corbin • 24-7 Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2065704