2 S Forge Ln, Cherry Hill, NJ, 08002 | $355/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2 S Forge Ln, Cherry Hill, NJ, 08002 | $355/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Cherry Hill at 2 S Forge Ln, Cherry Hill, NJ, 08002 listed at $524,900 pairs $4,096/mo rent with a $2,569/mo payment to leave $355/mo cash flow. Total monthly income runs $4,096/mo, and annual cash flow reaches $4,257/yr on $172,692 cash to close. Return on cash invested measures 22.53% in year one, and rental yield registers 9.36% at a $524,900 basis. Equity gained on principal adds $3,387/yr, and annual property appreciation at 5% supports $145,020 by year five. Five-year ROI tracks 118.07% and total cumulative return in cash totals $203,905. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,096/mo property income relative to a $2,569/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1965

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Wonderful 4bdr 2.5 bath Colonial in Windsor Park. Residential and/or Professional use give this property plenty of flexibility. Wonderful opportunity for all work at home and small business owners. Convenient location near schools, hospital, shopping and major arteries. Home boasts an updated kitchen with large island (w/cooktop), recess lighting, wall oven and full appliance package, Formal Living room and Dining Room with refinished hardwood flooring, Sunken in Family Room with built-in wet bar, brick fireplace and newly replaced sliding glass door with side glass panels. Upper level there are Four (4) large bedrooms with hall bath and redone Master Bath: Other features include: Vinyl privacy fencing, Newer roofing, newer paint and lighting in basement (2025), EP Henry Patio, two car garage. (Currently being used as an office), professionally finished hardwood flooring upstairs in all bedrooms and hallway. Corner property with expansive visibility, Central air, Gas heat, Public water/sewer.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08002, Cherry Hill, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,629 (100%)
Owner Occupied HU	6,343 (59.7%)
Renter Occupied HU	3,593 (33.8%)
Vacant Housing Units	693 ( 6.5%)
Median Home Value	$356,132
Average Home Value	$374,159