765 Gershal AvePittsgroveNJ08318
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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
Total monthly income runs $1,563/mo, and a $1,076/mo payment. Purchase price stands at $219,900, and rental yield measures 8.53% with $1,563/mo rent. Return on cash invested shows 19.84% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 103.71% and total cumulative return in cash records $75,604. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,563/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Single Family
Built in 1903
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08318, Elmer, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,755 (100%) |
| Owner Occupied HU | 3,883 (81.7%) |
| Renter Occupied HU | 552 (11.6%) |
| Vacant Housing Units | 320 ( 6.7%) |
| Median Home Value | $324,326 |
| Average Home Value | $429,256 |
Housing Distribution
Address Breakdown
Residential
4,626
Single Family
4,626
Multi-Family
0
Businesses
253
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Listed by: Keila Montanez • Tealestate LLC
Mls Name: Bright MLS
Mls ID: #NJSA2016260