209 Harvest RdCherry HillNJ08002
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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 209 Harvest Rd, Cherry Hill, NJ, 08002 with 5% annual appreciation on a $530,000 basis while $3,876/mo rent supports operations. Total monthly income totals $3,876/mo and a $2,594/mo payment preserves $98/mo for cash returns. Annual cash flow comes to $1,180/yr on $174,370 deployed, and return on cash invested reaches 20.74% in year one. Equity gained on principal adds $3,420/yr, and five-year appreciation sums $146,429 alongside rental yield of 8.78%. Five-year ROI measures 108.5% and total cumulative return in cash totals $189,199.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,876/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
8,660 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,346
Single Family
7,563
Multi-Family
2,783
Businesses
1,147
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Listed by: Chris Groble • Compass New Jersey, LLC - Moorestown
Mls Name: Bright MLS
Mls ID: #NJCD2101162