339 Ericson 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
Rental property for sale in Mount Laurel at 339 Ericson Ct, Mount Laurel, NJ, 08054 generates $2,844/mo in rent and, after a $1,713/mo payment, leaves $349/mo in cash flow. Total monthly income is $2,844/mo, and annual cash flow is $4,192/yr on $116,025 invested. Return on cash invested sits at 23.52% in year one, and rental yield is 9.75% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 123.48% and total cumulative return in cash sums $143,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,844/mo property income rather than buyer’s personal income.
Townhouse
Built in 1986
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: Marc DiFrancesco • Prime Realty Partners
Mls Name: Bright MLS
Mls ID: #NJBL2103390