115 Edison RdCherry HillNJ08034
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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 Cherry Hill at 115 Edison Rd, Cherry Hill, NJ, 08034 at $289,900 posts ROI 28.72% with $706/mo cash flow from $2,772/mo rent. Total monthly income equals $2,772/mo, and annual cash flow records $8,467/yr on $96,102 to close. Return on cash invested measures 28.72% and rental yield reads 11.47% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 151.32% and total cumulative return in cash totals $145,425.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,772/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1945
7,191 sqft 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: CHUN LIU • COLDWELL BANKER REALTY
Mls Name: All Jersey MLS
Mls ID: #2605613R