3215 Cooper AvePennsaukenNJ08109
INVESTMENT ANALYSIS
Investment Verdict
Solid Income3215 Cooper Ave, Pennsauken, NJ, 08109 in Pennsauken carries a 1.51 coverage ratio, rent of $2,074/mo is 1.51 times the $1,371/mo payment. Rental yield 8.16%. That margin gives both the investor and Ziffy Mortgage's DSCR underwriting a comfortable buffer at a $305,000 acquisition price. No U.S. credit or income documentation required. Five-year appreciation adds $84,266; total projected cumulative return: $110,498.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $(100) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $2,074 |
| Total Monthly Debt Service | $2,053 |
| DSCR Ratio | 1.01x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08109, Merchantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,321 (100%) |
| Owner Occupied HU | 6,318 (67.8%) |
| Renter Occupied HU | 2,597 (27.9%) |
| Vacant Housing Units | 406 ( 4.4%) |
| Median Home Value | $280,019 |
| Average Home Value | $303,316 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,485
Multi-Family
1,449
Businesses
725
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
Single Family
Built in 1951
10,402 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08109, Merchantville, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,321 (100%) |
| Owner Occupied HU | 6,318 (67.8%) |
| Renter Occupied HU | 2,597 (27.9%) |
| Vacant Housing Units | 406 ( 4.4%) |
| Median Home Value | $280,019 |
| Average Home Value | $303,316 |
Housing Distribution
Address Breakdown
Residential
8,934
Single Family
7,485
Multi-Family
1,449
Businesses
725
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Valianti • RE/MAX Preferred - Mullica Hill
Mls Name: Bright MLS
Mls ID: #NJCD2108632