309 Brentwood AveCherry HillNJ08002
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 Cherry Hill at 309 Brentwood Ave, Cherry Hill, NJ, 08002 offers $4,621/mo rent that, after a $3,177/mo payment. Total monthly income is $4,621/mo. Return on cash invested measures 20.03% in year one, and rental yield stands at 8.54% at a $649,000 entry. Equity gained on principal adds $4,188/yr while 5% annual appreciation compounds into $179,307 by year five. Five-year ROI records 104.7% and total cumulative return in cash reaches $223,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,621/mo property income versus a $3,177/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
8,625 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08002, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,629 (100%) |
| Owner Occupied HU | 6,343 (59.7%) |
| Renter Occupied HU | 3,593 (33.8%) |
| Vacant Housing Units | 693 ( 6.5%) |
| Median Home Value | $356,132 |
| Average Home Value | $374,159 |
Housing Distribution
Address Breakdown
Residential
10,346
Single Family
7,563
Multi-Family
2,783
Businesses
1,147
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gazi Ataseven • HomeSmart First Advantage Realty
Mls Name: Bright MLS
Mls ID: #NJCD2102540