237 James CtMarltonNJ08053
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow237 James Ct, Marlton, NJ, 08053 in Marlton is a solid income-producing rental, 10.68% gross yield, $2,090/mo rent, $228/mo net cash flow on a $250,000 buy. DSCR 1.86 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $69,070 and $2,303/yr in principal reduction project a total cumulative return of $115,657.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.2% |
| Monthly Cash Flow | $228 | $15,200 |
City averages based on Marlton market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,090 |
| Total Monthly Debt Service | $1,682 |
| DSCR Ratio | 1.24x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
N/A 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
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
Condo
Built in 1974
N/A 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: Christine Dash • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2090514