3 Crofton CmnsCherry HillNJ08034
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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 Cherry Hill at 3 Crofton Cmns, Cherry Hill, NJ, 08034 generates $3,264/mo in rent and, after a $1,708/mo payment, leaves $777/mo in cash flow. Total monthly income is $3,264/mo, and annual cash flow is $9,319/yr on $115,694 invested. Return on cash invested sits at 27.96% in year one, and rental yield is 11.22% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 147.28% and total cumulative return in cash sums $170,388. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,264/mo property income rather than buyer’s personal income.
Townhouse
Built in 1981
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
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Listed by: William Spinner • Real Broker, LLC
Mls Name: Bright MLS
Mls ID: #NJCD2108000