2415 Chestnut Hill DrCinnaminsonNJ08077
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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 Cinnaminson at 2415 Chestnut Hill Dr, Cinnaminson, NJ, 08077 uses $148,844 cash to close to unlock $6,783/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $3,766/mo, and a $2,198/mo payment keeps the spread at $565/mo. Purchase price stands at $449,000, and rental yield measures 10.07% with $3,766/mo rent. Return on cash invested shows 24.47% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 128.53% and total cumulative return in cash records $191,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,766/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1963
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08077, Riverton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,792 (100%) |
| Owner Occupied HU | 6,238 (80.1%) |
| Renter Occupied HU | 1,113 (14.3%) |
| Vacant Housing Units | 441 ( 5.7%) |
| Median Home Value | $419,481 |
| Average Home Value | $474,465 |
Housing Distribution
Address Breakdown
Residential
7,776
Single Family
7,437
Multi-Family
339
Businesses
822
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Listed by: Marion Mourey • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJBL2103604