769 W 3rd AveRunnemedeNJ08078
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 Runnemede at 769 W 3rd Ave, Runnemede, NJ, 08078 earns $914/mo cash flow from $3,088/mo rent with a $1,493/mo payment. Total monthly income totals $3,088/mo, and annual cash flow totals $10,966/yr on $101,108 capital. ROI tracks 30.75% on current figures, and rental yield reads 12.15% at a $305,000 purchase. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 over five years. Five-year ROI reaches 162.24% and total cumulative return in cash sums $164,038. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,088/mo property income instead of your personal income.
Single Family
Built in 1957
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08078, Runnemede, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,441 (100%) |
| Owner Occupied HU | 2,316 (67.3%) |
| Renter Occupied HU | 976 (28.4%) |
| Vacant Housing Units | 149 ( 4.3%) |
| Median Home Value | $273,232 |
| Average Home Value | $303,330 |
Housing Distribution
Address Breakdown
Residential
3,344
Single Family
3,258
Multi-Family
86
Businesses
241
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roxanne Nemeth • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2101770