1008 E Tampa AveCherry HillNJ08034
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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 Cherry Hill at 1008 E Tampa Ave, Cherry Hill, NJ, 08034 listed at $229,200 pairs $4,231/mo rent with a $1,122/mo payment to leave $2,205/mo cash flow. Total monthly income runs $4,231/mo, and annual cash flow reaches $26,460/yr on $75,980 cash to close. Return on cash invested measures 54.73% in year one, and rental yield registers 22.15% at a $229,200 basis. Equity gained on principal adds $1,479/yr, and annual property appreciation at 5% supports $63,324 by year five. Five-year ROI tracks 293.05% and total cumulative return in cash totals $222,656. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,231/mo property income relative to a $1,122/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
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Listed by: N/A • N/A
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