97 Erial RdClementonNJ08021
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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 Clementon at 97 Erial Rd, Clementon, NJ, 08021 priced at $449,990 pairs $3,360/mo rent with $153/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,360/mo, and annual cash flow comes to $1,836/yr on $149,172 invested. Return on cash invested is 21.14% in year one, and rental yield stands at 8.96% on a $449,990 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,324 by year five. Five-year ROI measures 110.7% and total cumulative return in cash reaches $165,135. For financing, Ziffy Mortgage’s DSCR program evaluates $3,360/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: Danielle Tyson • Redfin
Mls Name: Bright MLS
Mls ID: #NJCD2102404