3 Avandale CtMount 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
Rental property for sale in Mount Laurel at 3 Avandale Ct, Mount Laurel, NJ, 08054 offers $3,287/mo rent that, after a $1,909/mo payment, leaves $507/mo cash flow. Total monthly income is $3,287/mo, and annual cash flow is $6,084/yr on $129,285 cash. Return on cash invested measures 24.61% in year one, and rental yield stands at 10.11% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 129.29% and total cumulative return in cash reaches $167,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,287/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
6,007 sqft 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: Ivy Cabrera • Keller Williams Realty - Medford
Mls Name: Bright MLS
Mls ID: #NJBL2103736