185 Fairfax DrCinnaminsonNJ08077
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Nearby investment properties with comparable prices
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 Cinnaminson at 185 Fairfax Dr, Cinnaminson, NJ, 08077 priced at $340,000 converts $3,095/mo rent into $672/mo cash flow after a $1,664/mo obligation. Total monthly income equals $3,095/mo, and annual cash flow totals $8,060/yr on $112,710 invested. Return on cash invested prints 27.06% in year one, and rental yield reads 10.92% against a $340,000 entry. Equity gained on principal adds $2,194/yr, while 5% annual appreciation compiles into $93,936 by year five. Five-year ROI reaches 142.42% and total cumulative return in cash sums $160,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,095/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08077, Riverton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,792 (100%) |
| Owner Occupied HU | 6,238 (80.1%) |
| Renter Occupied HU | 1,113 (14.3%) |
| Vacant Housing Units | 441 ( 5.7%) |
| Median Home Value | $419,481 |
| Average Home Value | $474,465 |
Housing Distribution
Address Breakdown
Residential
7,776
Single Family
7,437
Multi-Family
339
Businesses
822
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Listed by: George Flack • Keller Williams Real Estate-Langhorne
Mls Name: Bright MLS
Mls ID: #NJBL2099024