233 Merion Ave, Haddonfield, NJ, 08033 | 7.63% Rental Yield

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233 Merion Ave, Haddonfield, NJ, 08033 | 7.63% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Haddonfield at 233 Merion Ave, Haddonfield, NJ, 08033 listed at $799,000 pairs $5,083/mo rent with a $3,911/mo payment. Total monthly income runs $5,083/mo. Return on cash invested measures 17.26% in year one, and rental yield registers 7.63% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 89.87% and total cumulative return in cash totals $236,250. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,083/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1960

10,498 sqft lot

$N/A/sqft

No HOA

More details about the property

Wonderful brick home in the heart of The Estates neighborhood of Haddonfield! Blue Ribbon Elementary school, tree-lined street, private backyard and just blocks from downtown- this home offers so much! Covered front porch greets you and is one of two outdoor living spaces. Great, circular flow on the first floor. Kitchen, breakfast area and family room are all connected for easy living and entertaining. Huge living room with a bay window, high ceilings and wood burning fireplace will impress. Big, eat-in kitchen with a large pantry, built-in desk area and access to the screened porch and backyard. Perfect for al fresco dining! Three (plus!) spacious bedrooms and 2.5 baths. Primary suit with hardwood floors, great natural light, good closet space and a neutral bath. One bedroom boasts a bonus play space or homework room! Hall bath was renovated with gray and white amenities, to include shower with tub and pedestal sink. Basement with high ceilings can be finished. One of the best features is the huge backyard! All fenced, spacious and private- sit in the screened porch and watch kids and dogs play! Central location is just a few blocks to the Patco train to Philadelphia, great shopping in Haddonfield and easy access to Wegman's shopping center.

Neighborhood Data

Neighborhood data shown for ZIP Code: 08033, Haddonfield, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,816 (100%)
Owner Occupied HU	5,186 (66.4%)
Renter Occupied HU	2,205 (28.2%)
Vacant Housing Units	425 ( 5.4%)
Median Home Value	$603,659
Average Home Value	$658,899