922 Cresson Ave APT 16PleasantvilleNJ08232
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 Pleasantville at 922 Cresson Ave APT 16, Pleasantville, NJ, 08232 generates $951/mo in rent and, after a $612/mo payment, leaves $60/mo in cash flow. Total monthly income is $951/mo, and annual cash flow is $718/yr on $41,438 invested. Return on cash invested sits at 21.64% in year one, and rental yield is 9.13% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 113.36% and total cumulative return in cash sums $46,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $951/mo property income rather than buyer’s personal income.
Townhouse
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08232, Pleasantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,662 (100%) |
| Owner Occupied HU | 3,379 (44.1%) |
| Renter Occupied HU | 3,760 (49.1%) |
| Vacant Housing Units | 523 ( 6.8%) |
| Median Home Value | $257,981 |
| Average Home Value | $336,699 |
Housing Distribution
Address Breakdown
Residential
6,651
Single Family
6,029
Multi-Family
622
Businesses
674
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: FRANCINEA FOUNTAIN-PLUMMER • BHHS FOX and ROACH-Northfield
Mls Name: SJSRMLS
Mls ID: #598871