109 Coral AveMount LaurelNJ08054
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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 Mount Laurel at 109 Coral Ave, Mount Laurel, NJ, 08054 uses $111,053 cash to close to unlock $4,762/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $2,785/mo, and a $1,640/mo payment keeps the spread at $397/mo. Purchase price stands at $335,000, and rental yield measures 9.98% with $2,785/mo rent. Return on cash invested shows 24.2% in year one, and 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 127.06% and total cumulative return in cash records $141,104. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,785/mo property income covering a $1,640/mo payment rather than investor’s personal income.
Single Family
Built in 1948
9,997 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08054, Mount Laurel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 15,068 (70.2%) |
| Renter Occupied HU | 5,272 (24.6%) |
| Vacant Housing Units | 1,128 ( 5.3%) |
| Median Home Value | $451,760 |
| Average Home Value | $477,584 |
Housing Distribution
Address Breakdown
Residential
20,515
Single Family
19,263
Multi-Family
1,252
Businesses
1,633
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Listed by: Robert Playford • RealtyMark Properties
Mls Name: Bright MLS
Mls ID: #NJBL2091400