68 Amwellbury RdSalemNJ08079
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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 Salem at 68 Amwellbury Rd, Salem, NJ, 08079 listed at $297,500 pairs $2,425/mo rent with a $1,456/mo payment to leave $305/mo cash flow. Total monthly income runs $2,425/mo, and annual cash flow reaches $3,655/yr on $98,621 cash to close. Return on cash invested measures 23.62% in year one, and rental yield registers 9.78% at a $297,500 basis. Equity gained on principal adds $1,920/yr, and annual property appreciation at 5% supports $82,194 by year five. Five-year ROI tracks 123.97% and total cumulative return in cash totals $122,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,425/mo property income relative to a $1,456/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08079, Salem, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 2,600 (50.7%) |
| Renter Occupied HU | 1,885 (36.8%) |
| Vacant Housing Units | 641 (12.5%) |
| Median Home Value | $260,543 |
| Average Home Value | $350,401 |
Housing Distribution
Address Breakdown
Residential
4,262
Single Family
4,090
Multi-Family
172
Businesses
308
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Listed by: Lisa Headley • Castle Agency LLC
Mls Name: Bright MLS
Mls ID: #NJSA2015248