805 Myrtle 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 805 Myrtle Ave, Lindenwold, NJ, 08021 generates $1,405/mo in rent, after a $1,028/mo payment. Total monthly income is $1,405/mo. Return on cash invested sits at 18.32% in year one, and rental yield is 8.03% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 95.55% and total cumulative return in cash sums $66,520. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,405/mo property income rather than buyer’s personal income.
Townhouse
Built in 1974
1,999 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: Lucy Berdugo • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCD2100416