23 E Daisy Ln #AMount LaurelNJ08054
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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 Mount Laurel at 23 E Daisy Ln #A, Mount Laurel, NJ, 08054 offers a 8.03% rental yield on a $233,700 purchase with $1,564/mo rent. 33% in year one. Equity gained on principal adds $1,508/yr while 5% annual appreciation supports $64,567 over five years. Portfolio math shows five-year ROI at 95.67% and total cumulative return in cash at $74,116. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,564/mo property income against a $1,144/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08054, Mount Laurel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 15,068 (70.2%) |
| Renter Occupied HU | 5,272 (24.6%) |
| Vacant Housing Units | 1,128 ( 5.3%) |
| Median Home Value | $451,760 |
| Average Home Value | $477,584 |
Housing Distribution
Address Breakdown
Residential
20,515
Single Family
19,263
Multi-Family
1,252
Businesses
1,633
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Listed by: Barbara Buechele • Weichert Realtors-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJBL2095774