29 E Daisy Ln #BMount LaurelNJ08054
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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 Mount Laurel at 29 E Daisy Ln #B, Mount Laurel, NJ, 08054 earns from $1,528/mo rent with a $1,101/mo payment. Total monthly income totals $1,528/mo. ROI tracks 18.69% on current figures, and rental yield reads 8.15% at a $225,000 purchase. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 over five years. Five-year ROI reaches 97.57% and total cumulative return in cash sums $72,777. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,528/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08054, Mount Laurel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 15,068 (70.2%) |
| Renter Occupied HU | 5,272 (24.6%) |
| Vacant Housing Units | 1,128 ( 5.3%) |
| Median Home Value | $451,760 |
| Average Home Value | $477,584 |
Housing Distribution
Address Breakdown
Residential
20,515
Single Family
19,263
Multi-Family
1,252
Businesses
1,633
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Listed by: Mike Cirillo • Better Homes Realty Group
Mls Name: Bright MLS
Mls ID: #NJBL2103484