24 Lincoln DrLaurel SpringsNJ08021
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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 Laurel Springs at 24 Lincoln Dr, Laurel Springs, NJ, 08021 with 5% annual appreciation on a $350,000 basis while $3,048/mo rent supports operations. Total monthly income totals $3,048/mo and a $1,713/mo payment preserves $436/mo for cash returns. Annual cash flow comes to $5,236/yr on $116,025 deployed, and return on cash invested reaches 24.42% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 10.45%. Five-year ROI measures 128.74% and total cumulative return in cash totals $149,366.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,048/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1969
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08021, Clementon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,123 (100%) |
| Owner Occupied HU | 9,763 (42.2%) |
| Renter Occupied HU | 12,073 (52.2%) |
| Vacant Housing Units | 1,287 ( 5.6%) |
| Median Home Value | $242,139 |
| Average Home Value | $295,242 |
Housing Distribution
Address Breakdown
Residential
20,684
Single Family
20,191
Multi-Family
493
Businesses
721
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Listed by: Susan Bromley • KELLER WILLIAMS RLTY MOORESTWN
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2507032R
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