3 Teaberry Ln, Delran, NJ, 08075 | 7.56% Rental Yield

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3 Teaberry Ln, Delran, NJ, 08075 | 7.56% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Delran at 3 Teaberry Ln, Delran, NJ, 08075 at $625,000 posts ROI 17.03% with from $3,936/mo rent. Total monthly income equals $3,936/mo. Return on cash invested measures 17.03% and rental yield reads 7.56% at the current $625,000. Equity gained on principal adds $4,033/yr, and 5% annual appreciation supports $172,676 by year five. Five-year ROI prints 88.64% and total cumulative return in cash totals $182,269. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,936/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1994

6,060 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to your new home sweet home! This spacious 4-bedroom, 2.5-bath home is ideal for you and your family to create lasting memories and is just waiting on your personal touch. The main level features elegant hardwood floors, a formal dining room, and a grand eat-in kitchen with gas stove, ideal for both casual meals and entertaining. Relax in the family room or living room, both of which boast exceptional natural lighting. Upstairs, you'll find plush carpeting, a full bath, three guest bedrooms, and a luxurious primary suite complete with a walk-in closet and en-suite bath. The huge unfinished basement offers endless possibilities for customization and currently houses the washer and dryer. Additional highlights include a cathedral ceiling foyer, a 2-car attached garage, and a large backyard with meticulously maintained mature landscaping and patio, perfect for outdoor enjoyment and entertaining. Existing sprinkler system in place. Just a short commute to Philly and close to area shopping & the Columbus farmers market in highly sought Creekdale farms don't miss this one!!

Neighborhood Data

Neighborhood data shown for ZIP Code: 08075, Riverside, NJ area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,515 (100%)
Owner Occupied HU	8,314 (66.4%)
Renter Occupied HU	3,688 (29.5%)
Vacant Housing Units	513 ( 4.1%)
Median Home Value	$342,696
Average Home Value	$379,444