760 Ashbourne AveLindenwoldNJ08021
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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 Lindenwold at 760 Ashbourne Ave, Lindenwold, NJ, 08021 priced at $329,000 pairs $2,881/mo rent with $536/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,881/mo, and annual cash flow comes to $6,435/yr on $109,064 invested. Return on cash invested is 25.81% in year one, and rental yield stands at 10.51% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 135.74% and total cumulative return in cash reaches $148,041. For financing, Ziffy Mortgage’s DSCR program evaluates $2,881/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.24 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: David Kaytes • Metro Residential Appraisals Inc
Mls Name: Bright MLS
Mls ID: #NJCD2107956