740 Perkins LnEdgewater ParkNJ08010
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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 Edgewater Park at 740 Perkins Ln, Edgewater Park, NJ, 08010 offers a 9.78% rental yield on a $425,000 purchase with $3,463/mo rent. Total monthly income registers $3,463/mo, and a $2,080/mo payment leaves $434/mo available for distribution. Annual cash flow reaches $5,206/yr on $140,888 to close, and return on cash invested stands at 23.6% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,420 over five years. Portfolio math shows five-year ROI at 123.88% and total cumulative return in cash at $174,533. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,463/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08010, Beverly, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,126 (100%) |
| Owner Occupied HU | 3,038 (59.3%) |
| Renter Occupied HU | 1,788 (34.9%) |
| Vacant Housing Units | 300 ( 5.9%) |
| Median Home Value | $292,833 |
| Average Home Value | $342,385 |
Housing Distribution
Address Breakdown
Residential
4,955
Single Family
4,663
Multi-Family
292
Businesses
214
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Listed by: Michael Brown • RE/MAX ONE Realty-Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2102538