940 Carter AveBellmawrNJ08031
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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
Investment property for sale in Bellmawr at 940 Carter Ave, Bellmawr, NJ, 08031 earns $569/mo cash flow from $2,814/mo rent with a $1,542/mo payment. Total monthly income totals $2,814/mo, and annual cash flow totals $6,822/yr on $104,423 capital. ROI tracks 26.44% on current figures, and rental yield reads 10.72% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 139.11% and total cumulative return in cash sums $145,265. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,814/mo property income instead of your personal income.
Single Family
Built in 1960
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08031, Bellmawr, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,012 (100%) |
| Owner Occupied HU | 3,218 (64.2%) |
| Renter Occupied HU | 1,634 (32.6%) |
| Vacant Housing Units | 160 ( 3.2%) |
| Median Home Value | $294,946 |
| Average Home Value | $379,738 |
Housing Distribution
Address Breakdown
Residential
4,888
Single Family
4,475
Multi-Family
413
Businesses
242
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Listed by: Paul Viereck • Compass New Jersey, LLC - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2108816