108 Volan StMerchantvilleNJ08109
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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 Merchantville at 108 Volan St, Merchantville, NJ, 08109 priced at $359,000 pairs $2,917/mo rent with $358/mo cash flow after a $1,757/mo payment. Total monthly income equals $2,917/mo, and annual cash flow comes to $4,299/yr on $119,009 invested. Return on cash invested is 23.52% in year one, and rental yield stands at 9.75% on a $359,000 basis. Equity gained on principal adds $2,317/yr, and 5% annual appreciation accumulates to $99,185 by year five. Five-year ROI measures 123.47% and total cumulative return in cash reaches $146,935. For financing, Ziffy Mortgage’s DSCR program evaluates $2,917/mo property income against a $1,757/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1917
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08109, Merchantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,321 (100%) |
| Owner Occupied HU | 6,318 (67.8%) |
| Renter Occupied HU | 2,597 (27.9%) |
| Vacant Housing Units | 406 ( 4.4%) |
| Median Home Value | $280,019 |
| Average Home Value | $303,316 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,485
Multi-Family
1,449
Businesses
725
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Listed by: Dan Spirer • BHHS Fox & Roach - Princeton
Mls Name: Bright MLS
Mls ID: #NJCD2100118