205 E Tampa AveCherry HillNJ08034
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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 Cherry Hill at 205 E Tampa Ave, Cherry Hill, NJ, 08034 earns from $4,106/mo rent with a $2,839/mo payment. Total monthly income totals $4,106/mo. ROI tracks 19.88% on current figures, and rental yield reads 8.5% at a $579,999 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 103.91% and total cumulative return in cash sums $198,272. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,106/mo property income instead of your personal income.
Single Family
Built in 1965
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
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Listed by: Amy DiAmbrosio • RE/MAX Community-Williamstown
Mls Name: Bright MLS
Mls ID: #NJCD2107118