811 Morgan AvePalmyraNJ08065
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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 Palmyra at 811 Morgan Ave, Palmyra, NJ, 08065 priced at $404,100 pairs $2,929/mo rent with $49/mo cash flow after a $1,978/mo payment. Total monthly income equals $2,929/mo, and annual cash flow comes to $582/yr on $133,959 invested. Return on cash invested is 20.34% in year one, and rental yield stands at 8.7% on a $404,100 basis. Equity gained on principal adds $2,608/yr, and 5% annual appreciation accumulates to $111,645 by year five. Five-year ROI measures 106.42% and total cumulative return in cash reaches $142,555. For financing, Ziffy Mortgage’s DSCR program evaluates $2,929/mo property income against a $1,978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1915
5,113 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08065, Palmyra, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,608 (100%) |
| Owner Occupied HU | 2,481 (68.8%) |
| Renter Occupied HU | 944 (26.2%) |
| Vacant Housing Units | 183 ( 5.1%) |
| Median Home Value | $261,831 |
| Average Home Value | $398,720 |
Housing Distribution
Address Breakdown
Residential
3,318
Single Family
3,290
Multi-Family
28
Businesses
220
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Listed by: N/A • N/A
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