7 Riverview PlWillingboroNJ08046
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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 Willingboro at 7 Riverview Pl, Willingboro, NJ, 08046 priced at $284,777 pairs $1,929/mo rent with after a $1,394/mo payment. Total monthly income equals $1,929/mo. Return on cash invested is 18.63% in year one, and rental yield stands at 8.13% on a $284,777 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,679 by year five. Five-year ROI measures 97.19% and total cumulative return in cash reaches $91,748. For financing, Ziffy Mortgage’s DSCR program evaluates $1,929/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1969
1,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08046, Willingboro, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,095 (100%) |
| Owner Occupied HU | 9,327 (77.1%) |
| Renter Occupied HU | 2,093 (17.3%) |
| Vacant Housing Units | 675 ( 5.6%) |
| Median Home Value | $277,462 |
| Average Home Value | $315,527 |
Housing Distribution
Address Breakdown
Residential
11,476
Single Family
11,256
Multi-Family
220
Businesses
593
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Listed by: Kashana Wainwright • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2102678