236 Carriage Hill DrMoorestownNJ08057
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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 Moorestown at 236 Carriage Hill Dr, Moorestown, NJ, 08057 offers a 4.38% rental yield on a $1,275,000 purchase with $4,654/mo rent. 49% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Portfolio math shows five-year ROI at 37.42% and total cumulative return in cash at $154,562. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,654/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08057, Moorestown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,481 (100%) |
| Owner Occupied HU | 6,578 (77.6%) |
| Renter Occupied HU | 1,404 (16.6%) |
| Vacant Housing Units | 499 ( 5.9%) |
| Median Home Value | $672,455 |
| Average Home Value | $719,854 |
Housing Distribution
Address Breakdown
Residential
8,291
Single Family
7,746
Multi-Family
545
Businesses
1,200
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Listed by: Jamie Quinn • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJBL2104416