67 Glacier DrBerlinNJ08009
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Berlin at 67 Glacier Dr, Berlin, NJ, 08009 priced at $345,000 pairs $3,058/mo rent with $599/mo cash flow after a $1,689/mo payment. Total monthly income equals $3,058/mo, and annual cash flow comes to $7,182/yr on $114,368 invested. Return on cash invested is 26.19% in year one, and rental yield stands at 10.64% on a $345,000 basis. Equity gained on principal adds $2,226/yr, and 5% annual appreciation accumulates to $95,317 by year five. Five-year ROI measures 137.76% and total cumulative return in cash reaches $157,552. For financing, Ziffy Mortgage’s DSCR program evaluates $3,058/mo property income against a $1,689/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08009, Berlin, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,654 (100%) |
| Owner Occupied HU | 4,330 (76.6%) |
| Renter Occupied HU | 1,079 (19.1%) |
| Vacant Housing Units | 245 ( 4.3%) |
| Median Home Value | $347,480 |
| Average Home Value | $361,330 |
Housing Distribution
Address Breakdown
Residential
6,213
Single Family
6,073
Multi-Family
140
Businesses
585
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Listed by: Hollie Dodge • RE/MAX Preferred - Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJCD2102490