3305 Ramsbury CtMount LaurelNJ08054
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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
Investment property for sale in Mount Laurel at 3305 Ramsbury Ct, Mount Laurel, NJ, 08054 uses $84,499 cash to close to unlock $6,273/yr annual cash flow and $523/mo monthly cash flow. Total monthly income runs $2,340/mo, and a $1,248/mo payment keeps the spread at $523/mo. Purchase price stands at $254,900, and rental yield measures 11.02% with $2,340/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $70,424 over five years. Five-year ROI reaches 143.89% and total cumulative return in cash records $121,584. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,340/mo property income covering a $1,248/mo payment rather than investor’s personal income.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08054, Mount Laurel, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,468 (100%) |
| Owner Occupied HU | 15,068 (70.2%) |
| Renter Occupied HU | 5,272 (24.6%) |
| Vacant Housing Units | 1,128 ( 5.3%) |
| Median Home Value | $451,760 |
| Average Home Value | $477,584 |
Housing Distribution
Address Breakdown
Residential
20,515
Single Family
19,263
Multi-Family
1,252
Businesses
1,633
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Listed by: Brittany Price • Ovation Realty LLC
Mls Name: Bright MLS
Mls ID: #NJBL2102132