2008 Sycamore St, Haddon Heights, NJ, 08035 | $1,031/mo Cash Flow

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2008 Sycamore St, Haddon Heights, NJ, 08035 | $1,031/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 Haddon Heights at 2008 Sycamore St, Haddon Heights, NJ, 08035 offers a 11.43% rental yield on a $430,000 purchase with $4,096/mo rent. Total monthly income registers $4,096/mo, and a $2,105/mo payment leaves $1,031/mo available for distribution. Annual cash flow reaches $12,368/yr on $142,545 to close, and return on cash invested stands at 28.59% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 150.6% and total cumulative return in cash at $214,671. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,096/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

9,374 sqft lot

$N/A/sqft

No HOA

More details about the property

Dont miss this opportunity to own a charming, well-maintained rancher in a wonderful community. Whether youre looking to downsize or searching for a great starter home, this property offers the perfect blend of comfort and convenience. The cozy living room boasts a beautiful bay window and a gas-burning stove. Home features newer storm door, spacious rooms, some tile flooring and ceiling fans throughout. The kitchen offers plenty of cabinets, a lovely tile backsplash, and abundant counter space. Enjoy sipping your coffee on the open front porch or just relaxing or reading a good book. You'll love barbequing with the built-in gas grill on the patio of the peaceful, fenced backyard which is one of the larger lots in the neighborhood. The beautiful sunroom adds additional living space to the home and could be used as a family room, playroom or office. The basement provides excellent storage that extends across the entire footprint of the house and has the potential to be finished. Home has oil heat but also has access to gas which can easilly be converted if you choose. Plenty of parking in the driveway and detached garage. The home is close to schools, shopping, restaurants, and most major highways. All this and more, just waiting for you and your personal touch to turn this house into your home! Home is well-maintained but is being sold in as is condition. Buyer is responsible for all repairs, inspections, certifications and the certificate of occupancy.