763 Central AveHammontonNJ08037
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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 Hammonton at 763 Central Ave, Hammonton, NJ, 08037 priced at $280,700 converts $2,632/mo rent into $631/mo cash flow after a $1,374/mo obligation. Total monthly income equals $2,632/mo, and annual cash flow totals $7,573/yr on $93,052 invested. Return on cash invested prints 28.05% in year one, and rental yield reads 11.25% against a $280,700 entry. Equity gained on principal adds $1,811/yr, while 5% annual appreciation compiles into $77,552 by year five. Five-year ROI reaches 147.75% and total cumulative return in cash sums $137,484. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,632/mo property income covering a $1,374/mo payment, not borrower’s personal income.
Single Family
Built in 1925
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08037, Hammonton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,543 (100%) |
| Owner Occupied HU | 6,839 (71.7%) |
| Renter Occupied HU | 2,173 (22.8%) |
| Vacant Housing Units | 531 ( 5.6%) |
| Median Home Value | $408,668 |
| Average Home Value | $465,869 |
Housing Distribution
Address Breakdown
Residential
9,440
Single Family
9,293
Multi-Family
147
Businesses
944
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