203 Gregorys WayVoorheesNJ08043
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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 Voorhees at 203 Gregorys Way, Voorhees, NJ, 08043 priced at $219,985 pairs $2,546/mo rent with $978/mo cash flow after a $1,077/mo payment. Total monthly income equals $2,546/mo, and annual cash flow comes to $11,732/yr on $72,925 invested. Return on cash invested is 36% in year one, and rental yield stands at 13.89% on a $219,985 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,778 by year five. Five-year ROI measures 190.36% and total cumulative return in cash reaches $138,822. For financing, Ziffy Mortgage’s DSCR program evaluates $2,546/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08043, Voorhees, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,731 (100%) |
| Owner Occupied HU | 7,690 (60.4%) |
| Renter Occupied HU | 4,422 (34.7%) |
| Vacant Housing Units | 619 ( 4.9%) |
| Median Home Value | $455,916 |
| Average Home Value | $479,773 |
Housing Distribution
Address Breakdown
Residential
12,439
Single Family
10,043
Multi-Family
2,396
Businesses
1,180
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Listed by: Eric Chapelle • Weichert Realtors-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2105418