1111 Barclay TowersCherry HillNJ08034
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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
Investment Highlights
Investment property for sale in Cherry Hill at 1111 Barclay Towers, Cherry Hill, NJ, 08034 offers a 9.39% rental yield on a $117,000 purchase with $916/mo rent. Total monthly income registers $916/mo, and a $573/mo payment leaves $82/mo available for distribution. Annual cash flow reaches $980/yr on $38,786 to close, and return on cash invested stands at 22.44% in year one. Equity gained on principal adds $755/yr while 5% annual appreciation supports $32,325 over five years. Portfolio math shows five-year ROI at 117.67% and total cumulative return in cash at $45,637. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $916/mo property income against a $573/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
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Listed by: Michelle Gavio • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2103742