124 La Cascata TnhsClementonNJ08021
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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 Clementon at 124 La Cascata Tnhs, Clementon, NJ, 08021 uses $62,654 cash to close to unlock $959/yr annual cash flow and $80/mo monthly cash flow. Total monthly income runs $1,427/mo, and a $925/mo payment keeps the spread at $80/mo. Purchase price stands at $189,000, and rental yield measures 9.06% with $1,427/mo rent. Return on cash invested shows 21.44% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 112.29% and total cumulative return in cash records $70,354. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,427/mo property income covering a $925/mo payment rather than investor’s personal income.
Townhouse
Built in 1975
1,616 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: Michelle Smith • Weichert Realtors-Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJCD2098440