114 Weather Vane DrCherry HillNJ08002
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 114 Weather Vane Dr, Cherry Hill, NJ, 08002 in Cherry Hill earns a 9.98% gross yield at $499,999. Rent of $4,159/mo nets $595/mo after the $2,248/mo mortgage. The 1.85 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $138,141 and $4,605/yr in equity accumulation project a total cumulative return of $229,983.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 5.8% |
| Monthly Cash Flow | $595 | $1,850 |
City averages based on Cherry Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,159 |
| Total Monthly Debt Service | $3,365 |
| DSCR Ratio | 1.24x |
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 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08002, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,629 (100%) |
| Owner Occupied HU | 6,343 (59.7%) |
| Renter Occupied HU | 3,593 (33.8%) |
| Vacant Housing Units | 693 ( 6.5%) |
| Median Home Value | $356,132 |
| Average Home Value | $374,159 |
Housing Distribution
Address Breakdown
Residential
10,346
Single Family
7,563
Multi-Family
2,783
Businesses
1,147
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 1960
8,999 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08002, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,629 (100%) |
| Owner Occupied HU | 6,343 (59.7%) |
| Renter Occupied HU | 3,593 (33.8%) |
| Vacant Housing Units | 693 ( 6.5%) |
| Median Home Value | $356,132 |
| Average Home Value | $374,159 |
Housing Distribution
Address Breakdown
Residential
10,346
Single Family
7,563
Multi-Family
2,783
Businesses
1,147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJCD2111672