1105 Heartwood DrCherry HillNJ08003
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingFor first-time U.S. investors or those diversifying conservatively, 1105 Heartwood Dr, Cherry Hill, NJ, 08003 in Cherry Hill offers a clean, manageable entry. Rental yield 6.72%. DSCR 1.24 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $215,223 in additional property value over five years, with $7,175/yr in principal equity building ownership stake. Total projected cumulative return: $221,915.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.7% | 5.8% |
| Monthly Cash Flow | $(1,192) | $1,850 |
City averages based on Cherry Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,361 |
| Total Monthly Debt Service | $5,243 |
| DSCR Ratio | 0.83x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1964
9,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08003, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,450 (100%) |
| Owner Occupied HU | 9,911 (79.6%) |
| Renter Occupied HU | 1,954 (15.7%) |
| Vacant Housing Units | 585 ( 4.7%) |
| Median Home Value | $454,295 |
| Average Home Value | $495,065 |
Housing Distribution
Address Breakdown
Residential
11,937
Single Family
11,251
Multi-Family
686
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1964
9,252 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08003, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,450 (100%) |
| Owner Occupied HU | 9,911 (79.6%) |
| Renter Occupied HU | 1,954 (15.7%) |
| Vacant Housing Units | 585 ( 4.7%) |
| Median Home Value | $454,295 |
| Average Home Value | $495,065 |
Housing Distribution
Address Breakdown
Residential
11,937
Single Family
11,251
Multi-Family
686
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roman Yuabov • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJCD2103182