945 Washington AveFranklinvilleNJ08322
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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
Investment property for sale in Franklinville at 945 Washington Ave, Franklinville, NJ, 08322 earns $324/mo cash flow from $1,500/mo rent with a $808/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $3,882/yr on $54,698 capital. ROI tracks 27.01% on current figures, and rental yield reads 10.91% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 142.16% and total cumulative return in cash sums $77,759. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Single Family
Built in 1940
3.94 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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Listed by: Tim Kerr • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJGL2064556