29 W BroadwayMaple ShadeNJ08052
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
Investment Highlights
Rental property for sale in Maple Shade at 29 W Broadway, Maple Shade, NJ, 08052 priced at $350,000 converts $1,950/mo rent into after a $1,713/mo obligation. Total monthly income equals $1,950/mo. Return on cash invested prints 14.28% in year one, and rental yield reads 6.69% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 73.89% and total cumulative return in cash sums $85,730. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,950/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1951
7,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08052, Maple Shade, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,615 (100%) |
| Owner Occupied HU | 4,321 (44.9%) |
| Renter Occupied HU | 4,811 (50.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $297,946 |
| Average Home Value | $365,418 |
Housing Distribution
Address Breakdown
Residential
9,090
Single Family
8,318
Multi-Family
772
Businesses
505
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wendi Brown • BHHS Fox & Roach-Mt Laurel
Mls Name: Bright MLS
Mls ID: #NJBL2098774