894 Somerdale RdBlackwoodNJ08012
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
Rental property for sale in Blackwood at 894 Somerdale Rd, Blackwood, NJ, 08012 priced at $530,000 pairs $4,930/mo rent with $1,152/mo cash flow after a $2,594/mo payment. Total monthly income equals $4,930/mo, and annual cash flow comes to $13,828/yr on $174,370 invested. Return on cash invested is 27.99% in year one, and rental yield stands at 11.16% on a $530,000 basis. Equity gained on principal adds $3,420/yr, and 5% annual appreciation accumulates to $146,429 by year five. Five-year ROI measures 147.4% and total cumulative return in cash reaches $257,023. For financing, Ziffy Mortgage’s DSCR program evaluates $4,930/mo property income against a $2,594/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08012, Blackwood, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,255 (100%) |
| Owner Occupied HU | 10,543 (64.9%) |
| Renter Occupied HU | 4,943 (30.4%) |
| Vacant Housing Units | 769 ( 4.7%) |
| Median Home Value | $318,388 |
| Average Home Value | $368,646 |
Housing Distribution
Address Breakdown
Residential
15,512
Single Family
15,120
Multi-Family
392
Businesses
1,436
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Craig • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2107066