23 Lancaster DrMarltonNJ08053
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Marlton at 23 Lancaster Dr, Marlton, NJ, 08053 at $569,900 posts ROI 30.39% with $1,613/mo cash flow from $5,675/mo rent. Total monthly income equals $5,675/mo, and annual cash flow records $19,359/yr on $187,497 to close. Return on cash invested measures 30.39% and rental yield reads 11.95% at the current $569,900. Equity gained on principal adds $3,677/yr, and 5% annual appreciation supports $157,453 by year five. Five-year ROI prints 160.24% and total cumulative return in cash totals $300,450.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,675/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08053, Marlton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,074 (100%) |
| Owner Occupied HU | 14,180 (70.6%) |
| Renter Occupied HU | 5,181 (25.8%) |
| Vacant Housing Units | 713 ( 3.6%) |
| Median Home Value | $437,798 |
| Average Home Value | $462,679 |
Housing Distribution
Address Breakdown
Residential
19,953
Single Family
18,430
Multi-Family
1,523
Businesses
1,566
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janet Flaherty • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJBL2103818