207 Sussex HouseCherry 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 207 Sussex House, Cherry Hill, NJ, 08034 with 5% annual appreciation on a $155,000 basis while $1,246/mo rent supports operations. Total monthly income totals $1,246/mo and a $759/mo payment preserves $141/mo for cash returns. Annual cash flow comes to $1,690/yr on $51,383 deployed, and return on cash invested reaches 23.2% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.65%. Five-year ROI measures 121.73% and total cumulative return in cash totals $62,548.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,246/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1963
N/A 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: Cathy Hartman • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCD2109792