1203 Bittersweet CtMarltonNJ08053
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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
Rental property for sale in Marlton at 1203 Bittersweet Ct, Marlton, NJ, 08053 generates $2,972/mo in rent and, after a $1,859/mo payment, leaves $265/mo in cash flow. Total monthly income is $2,972/mo, and annual cash flow is $3,175/yr on $125,937 invested. Return on cash invested sits at 22.43% in year one, and rental yield is 9.39% on a $379,900 entry. Equity gained on principal adds $2,451/yr, while 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash sums $148,097. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,972/mo property income rather than buyer’s personal income.
Townhouse
Built in 1979
1,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08053, Marlton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,074 (100%) |
| Owner Occupied HU | 14,180 (70.6%) |
| Renter Occupied HU | 5,181 (25.8%) |
| Vacant Housing Units | 713 ( 3.6%) |
| Median Home Value | $437,798 |
| Average Home Value | $462,679 |
Housing Distribution
Address Breakdown
Residential
19,953
Single Family
18,430
Multi-Family
1,523
Businesses
1,566
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Listed by: Haci Kose • RE/MAX Of Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJBL2091454