231 S Forklanding RdMaple ShadeNJ08052
Nearby investment properties with comparable rents
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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
Rental property for sale in Maple Shade at 231 S Forklanding Rd, Maple Shade, NJ, 08052 offers $2,551/mo rent that, after a $1,517/mo payment, leaves $342/mo cash flow. Total monthly income is $2,551/mo, and annual cash flow is $4,100/yr on $102,765 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 9.87% at a $310,000 entry. Equity gained on principal adds $2,000/yr while 5% annual appreciation compounds into $85,647 by year five. Five-year ROI records 125.47% and total cumulative return in cash reaches $128,935. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,551/mo property income versus a $1,517/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,724 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08052, Maple Shade, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,615 (100%) |
| Owner Occupied HU | 4,321 (44.9%) |
| Renter Occupied HU | 4,811 (50.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $297,946 |
| Average Home Value | $365,418 |
Housing Distribution
Address Breakdown
Residential
9,090
Single Family
8,318
Multi-Family
772
Businesses
505
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Listed by: Alyssa Frysinger • RE/MAX Affiliates
Mls Name: Bright MLS
Mls ID: #NJBL2092196