311 Highland AveMoorestownNJ08057
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
Total monthly income runs $3,125/mo, and a $2,447/mo payment. Purchase price stands at $500,000, and rental yield measures 7.5% with $3,125/mo rent. Return on cash invested shows 16.73% in year one, and 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 87.06% and total cumulative return in cash records $144,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,125/mo property income covering a $2,447/mo payment rather than investor’s personal income.
Single Family
Built in 1953
10,498 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08057, Moorestown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,481 (100%) |
| Owner Occupied HU | 6,578 (77.6%) |
| Renter Occupied HU | 1,404 (16.6%) |
| Vacant Housing Units | 499 ( 5.9%) |
| Median Home Value | $672,455 |
| Average Home Value | $719,854 |
Housing Distribution
Address Breakdown
Residential
8,291
Single Family
7,746
Multi-Family
545
Businesses
1,200
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ivan Kiyatkin • BHHS Fox & Roach-Marlton
Mls Name: Bright MLS
Mls ID: #NJBL2103126