15 Hogan WayMoorestownNJ08057
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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 Moorestown at 15 Hogan Way, Moorestown, NJ, 08057 listed at $580,000 pairs $2,754/mo rent with a $2,839/mo payment. Total monthly income runs $2,754/mo. Return on cash invested measures 11.38% in year one, and rental yield registers 5.7% at a $580,000 basis. Equity gained on principal adds $3,743/yr, and annual property appreciation at 5% supports $160,243 by year five. Five-year ROI tracks 58.31% and total cumulative return in cash totals $111,261. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,754/mo property income relative to a $2,839/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1997
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: Kathryn Supko • BHHS Fox & Roach-Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2104224