35 Colonial Ridge DrHaddonfieldNJ08033
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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 Haddonfield at 35 Colonial Ridge Dr, Haddonfield, NJ, 08033 generates $6,377/mo in rent, after a $4,400/mo payment. Total monthly income is $6,377/mo. Return on cash invested sits at 19.94% in year one, and rental yield is 8.51% on a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation builds toward $248,377 over five years. Five-year ROI reaches 104.2% and total cumulative return in cash sums $308,182. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,377/mo property income rather than buyer’s personal income.
Single Family
Built in 1926
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08033, Haddonfield, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,816 (100%) |
| Owner Occupied HU | 5,186 (66.4%) |
| Renter Occupied HU | 2,205 (28.2%) |
| Vacant Housing Units | 425 ( 5.4%) |
| Median Home Value | $603,659 |
| Average Home Value | $658,899 |
Housing Distribution
Address Breakdown
Residential
6,774
Single Family
6,295
Multi-Family
479
Businesses
668
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Listed by: Jeanne Wolschina • Lisa Wolschina & Associates, Inc.
Mls Name: Bright MLS
Mls ID: #NJCD2106630