1200 Marlton Pike E APT 304Cherry 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 1200 Marlton Pike E APT 304, Cherry Hill, NJ, 08034 earns $70/mo cash flow from $1,318/mo rent with a $857/mo payment. Total monthly income totals $1,318/mo, and annual cash flow totals $842/yr on $58,013 capital. ROI tracks 21.36% on current figures, and rental yield reads 9.04% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 111.92% and total cumulative return in cash sums $64,927. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,318/mo property income instead of your personal income.
Apartment
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: N/A • N/A
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