1104 Essex AveVoorheesNJ08043
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 1104 Essex Ave, Voorhees, NJ, 08043 in Voorhees. At $480,000 it earns $3,784/mo in rent and distributes $362/mo to the owner after the $2,275/mo payment, a consistent 9.46% yield. DSCR 1.66 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $132,615 in value; $4,024/yr in principal paydown compounds ownership stake. Total projected return: $198,288.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.2% |
| Monthly Cash Flow | $362 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,784 |
| Total Monthly Debt Service | $3,347 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.5% rate / 30-yr fixed, 25% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1956
0.29 Acres 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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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
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Listed by: N/A • N/A
Mls Name: Bright MLS
Mls Provider:
Mls ID: #NJCD2127094
