6902 Walnut AvePennsaukenNJ08109
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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 Pennsauken at 6902 Walnut Ave, Pennsauken, NJ, 08109 listed at $349,900 pairs $3,167/mo rent with a $1,713/mo payment to leave $673/mo cash flow. Total monthly income runs $3,167/mo, and annual cash flow reaches $8,071/yr on $115,992 cash to close. Return on cash invested measures 26.87% in year one, and rental yield registers 10.86% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 141.4% and total cumulative return in cash totals $164,010. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,167/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08109, Merchantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,321 (100%) |
| Owner Occupied HU | 6,318 (67.8%) |
| Renter Occupied HU | 2,597 (27.9%) |
| Vacant Housing Units | 406 ( 4.4%) |
| Median Home Value | $280,019 |
| Average Home Value | $303,316 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,485
Multi-Family
1,449
Businesses
725
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Listed by: Mark Petracci • RE/MAX ONE Realty
Mls Name: Bright MLS
Mls ID: #NJCD2109906