302 Ivywood AveHaddonfieldNJ08033
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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 Haddonfield at 302 Ivywood Ave, Haddonfield, NJ, 08033 priced at $529,000 converts $3,960/mo rent into $190/mo cash flow after a $2,589/mo obligation. Total monthly income equals $3,960/mo, and annual cash flow totals $2,275/yr on $174,041 invested. Return on cash invested prints 21.37% in year one, and rental yield reads 8.98% against a $529,000 entry. Equity gained on principal adds $3,414/yr, while 5% annual appreciation compiles into $146,153 by year five. Five-year ROI reaches 111.88% and total cumulative return in cash sums $194,717. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,960/mo property income covering a $2,589/mo payment, not borrower’s personal income.
Single Family
Built in 1953
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08033, Haddonfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,816 (100%) |
| Owner Occupied HU | 5,186 (66.4%) |
| Renter Occupied HU | 2,205 (28.2%) |
| Vacant Housing Units | 425 ( 5.4%) |
| Median Home Value | $603,659 |
| Average Home Value | $658,899 |
Housing Distribution
Address Breakdown
Residential
6,774
Single Family
6,295
Multi-Family
479
Businesses
668
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Listed by: Francine Loucks • Century 21 Alliance-Medford
Mls Name: Bright MLS
Mls ID: #NJCD2108374