704 Aberdeen LnBlackwoodNJ08012
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blackwood at 704 Aberdeen Ln, Blackwood, NJ, 08012 offers a 9.24% rental yield on a $272,500 purchase with $2,098/mo rent. Total monthly income registers $2,098/mo, and a $1,334/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,865/yr on $90,334 to close, and return on cash invested stands at 21.97% in year one. Equity gained on principal adds $1,758/yr while 5% annual appreciation supports $75,287 over five years. Portfolio math shows five-year ROI at 115.17% and total cumulative return in cash at $104,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,098/mo property income against a $1,334/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dave Sulvetta • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2101494