92 Elmer StFranklinvilleNJ08322
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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 Franklinville at 92 Elmer St, Franklinville, NJ, 08322 generates $2,767/mo in rent and, after a $665/mo payment, leaves $1,621/mo in cash flow. Total monthly income is $2,767/mo, and annual cash flow is $19,450/yr on $45,018 invested. Return on cash invested sits at 63.11% in year one, and rental yield is 24.45% on a $135,800 entry. Equity gained on principal adds $876/yr, while 5% annual appreciation builds toward $37,519 over five years. Five-year ROI reaches 337.49% and total cumulative return in cash sums $151,932. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,767/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08322, Franklinville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,082 (100%) |
| Owner Occupied HU | 3,475 (85.1%) |
| Renter Occupied HU | 404 ( 9.9%) |
| Vacant Housing Units | 203 ( 5.0%) |
| Median Home Value | $396,279 |
| Average Home Value | $387,237 |
Housing Distribution
Address Breakdown
Residential
3,703
Single Family
3,702
Multi-Family
1
Businesses
180
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