12 Franklin PlVoorheesNJ08043
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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 Voorhees at 12 Franklin Pl, Voorhees, NJ, 08043 earns from $2,019/mo rent with a $1,395/mo payment. Total monthly income totals $2,019/mo. ROI tracks 19.75% on current figures, and rental yield reads 8.5% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 103.26% and total cumulative return in cash sums $97,554. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,019/mo property income instead of your personal income.
Single Family
Built in 1983
3,920 sqft 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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Listed by: Jenny Albaz • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCD2094744