149 Chalkboard CtMoorestownNJ08057
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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 Moorestown at 149 Chalkboard Ct, Moorestown, NJ, 08057 priced at $285,000 pairs $2,828/mo rent with $797/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,828/mo, and annual cash flow comes to $9,558/yr on $94,478 invested. Return on cash invested is 30.03% in year one, and rental yield stands at 11.91% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 158.33% and total cumulative return in cash reaches $149,586. For financing, Ziffy Mortgage’s DSCR program evaluates $2,828/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08057, Moorestown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,481 (100%) |
| Owner Occupied HU | 6,578 (77.6%) |
| Renter Occupied HU | 1,404 (16.6%) |
| Vacant Housing Units | 499 ( 5.9%) |
| Median Home Value | $672,455 |
| Average Home Value | $719,854 |
Housing Distribution
Address Breakdown
Residential
8,291
Single Family
7,746
Multi-Family
545
Businesses
1,200
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Listed by: Giusy Cusumano • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJBL2101802