1096 Corbridge CtVoorheesNJ08043
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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 Voorhees at 1096 Corbridge Ct, Voorhees, NJ, 08043 offers a 13.3% rental yield on a $200,000 purchase with $2,217/mo rent. Total monthly income registers $2,217/mo, and a $979/mo payment leaves $791/mo available for distribution. Annual cash flow reaches $9,496/yr on $66,300 to close, and return on cash invested stands at 34.23% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 180.93% and total cumulative return in cash at $119,960. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,217/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08043, Voorhees, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,731 (100%) |
| Owner Occupied HU | 7,690 (60.4%) |
| Renter Occupied HU | 4,422 (34.7%) |
| Vacant Housing Units | 619 ( 4.9%) |
| Median Home Value | $455,916 |
| Average Home Value | $479,773 |
Housing Distribution
Address Breakdown
Residential
12,439
Single Family
10,043
Multi-Family
2,396
Businesses
1,180
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Listed by: Elaine Corbin • 24-7 Real Estate, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2097112