105 Summit Ave, Laurel Springs, NJ, 08021 | $523/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

105 Summit Ave, Laurel Springs, NJ, 08021 | $523/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1334 sft

525 Westminster Rd, Wenonah, NJ, 08090

3 Bed
1 Bath
1282 sft

92 Elmer St, Franklinville, NJ, 08322

3 Bed
2 Bath
1232 sft

25 Macaltioner Ave, Woodstown, NJ, 08098

3 Bed
3 Bath
1268 sft

52 Dover Dr, Lindenwold, NJ, 08021

Nearby investment properties with comparable prices

4 Bed
2 Bath
1478 sft

101 Sylvan Ter, Glassboro, NJ, 08028

3 Bed
3 Bath
2142 sft

810 Brandywine Dr #810, Williamstown, NJ, 08094

3 Bed
2 Bath
1396 sft

4 Grenlynne Dr, Grenloch, NJ, 08032

3 Bed
3 Bath
2142 sft

810 Brandywine Dr, Williamstown, NJ, 08094

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Laurel Springs at 105 Summit Ave, Laurel Springs, NJ, 08021 priced at $315,000 converts $2,768/mo rent into $523/mo cash flow after a $1,542/mo obligation. Total monthly income equals $2,768/mo, and annual cash flow totals $6,270/yr on $104,423 invested. Return on cash invested prints 25.91% in year one, and rental yield reads 10.54% against a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation compiles into $87,029 by year five. Five-year ROI reaches 136.29% and total cumulative return in cash sums $142,313. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,768/mo property income covering a $1,542/mo payment, not borrower’s personal income.

Single Family

Built in 1950

7,500 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 105 Summit Ave, Laurel Springs a beautifully maintained home thats move-in ready and priced to sell fast! Step inside this thoughtfully designed 3-bedroom, 1-bath home where every inch has been maximized for comfort and functionality. The main level features two bedrooms and a full bath, perfect for guests or family members, while the converted attic serves as a spacious primary suite offering privacy, plenty of closet space, and a cozy retreat feel. The interior showcases a warm blend of hardwood flooring, granite countertops, and recessed lighting throughout. The kitchen is efficient and updated, seamlessly connecting to the main living area, making it easy to entertain or unwind after a long day. Just off the main space, the sunroom has been refreshed with new LVP flooring, creating an inviting second living room, home office, or bonus hangout spot filled with natural light. Downstairs, the unfinished basement is currently being used as a living area offering additional flexibility for a gym, playroom, or media space. Outside, the property truly shines with a large, private backyard perfect for summer gatherings, barbecues, or relaxing by the above-ground pool thats included with the home. Theres also plenty of space for pets, gardening, or just to enjoy the patio on a sunny day. This home has been meticulously maintained and tastefully updated, reflecting pride of ownership at every turn. Similar homes in this area have sold quickly and its easy to see why. Between the layout, condition, and outdoor space, this one checks all the boxes for anyone looking for a low-maintenance, move-in ready home. Dont wait schedule your showing today and make 105 Summit Ave your next address before its gone!

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