7 W Palmer AveCollingswoodNJ08108
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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 Collingswood at 7 W Palmer Ave, Collingswood, NJ, 08108 earns $870/mo cash flow from $3,079/mo rent with a $1,517/mo payment. Total monthly income totals $3,079/mo, and annual cash flow totals $10,436/yr on $102,765 capital. ROI tracks 30.06% on current figures, and rental yield reads 11.92% at a $310,000 purchase. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,647 over five years. Five-year ROI reaches 158.54% and total cumulative return in cash sums $162,919. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,079/mo property income instead of your personal income.
Townhouse
Built in 1928
2,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08108, Collingswood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,350 (100%) |
| Owner Occupied HU | 5,359 (64.2%) |
| Renter Occupied HU | 2,583 (30.9%) |
| Vacant Housing Units | 408 ( 4.9%) |
| Median Home Value | $429,272 |
| Average Home Value | $473,573 |
Housing Distribution
Address Breakdown
Residential
8,292
Single Family
6,562
Multi-Family
1,730
Businesses
675
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Listed by: Steve Camarda • 20/20 Real Estate - Bensalem
Mls Name: Bright MLS
Mls ID: #NJCD2107278