671 Washington AveWoodburyNJ08096
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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 Woodbury at 671 Washington Ave, Woodbury, NJ, 08096 generates $2,614/mo in rent and, after a $1,101/mo payment, leaves $1,011/mo in cash flow. Total monthly income is $2,614/mo, and annual cash flow is $12,126/yr on $74,588 invested. Return on cash invested sits at 36.17% in year one, and rental yield is 13.94% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 191.27% and total cumulative return in cash sums $142,665. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,614/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08096, Woodbury, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,744 (100%) |
| Owner Occupied HU | 10,628 (67.5%) |
| Renter Occupied HU | 4,199 (26.7%) |
| Vacant Housing Units | 917 ( 5.8%) |
| Median Home Value | $320,360 |
| Average Home Value | $345,177 |
Housing Distribution
Address Breakdown
Residential
14,505
Single Family
13,752
Multi-Family
753
Businesses
1,272
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Listed by: Suzanne Simons • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJGL2062582