124 W Berwin WayMount LaurelNJ08054
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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 Mount Laurel at 124 W Berwin Way, Mount Laurel, NJ, 08054 priced at $259,900 pairs $2,180/mo rent with $328/mo cash flow after a $1,272/mo payment. Total monthly income equals $2,180/mo, and annual cash flow comes to $3,931/yr on $86,157 invested. Return on cash invested is 24.47% in year one, and rental yield stands at 10.07% on a $259,900 basis. Equity gained on principal adds $1,677/yr, and 5% annual appreciation accumulates to $71,806 by year five. Five-year ROI measures 128.55% and total cumulative return in cash reaches $110,758. For financing, Ziffy Mortgage’s DSCR program evaluates $2,180/mo property income against a $1,272/mo payment instead of your W2s, 1099s, or Tax returns.
Apartment
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08054, Mount Laurel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 15,068 (70.2%) |
| Renter Occupied HU | 5,272 (24.6%) |
| Vacant Housing Units | 1,128 ( 5.3%) |
| Median Home Value | $451,760 |
| Average Home Value | $477,584 |
Housing Distribution
Address Breakdown
Residential
20,515
Single Family
19,263
Multi-Family
1,252
Businesses
1,633
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Listed by: Ivy Cabrera • Keller Williams Realty - Medford
Mls Name: Bright MLS
Mls ID: #NJBL2089932