316 W 3rd StMoorestownNJ08057
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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 Moorestown at 316 W 3rd St, Moorestown, NJ, 08057 generates $3,740/mo in rent, after a $4,038/mo payment. Total monthly income is $3,740/mo. Return on cash invested sits at 10.6% in year one, and rental yield is 5.44% on a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation builds toward $227,932 over five years. Five-year ROI reaches 54.12% and total cumulative return in cash sums $146,889. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,740/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
9,997 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
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Listed by: Erin Lewandowski • BHHS Fox & Roach-Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2098242