381 TavistockCherry HillNJ08034
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 381 Tavistock, Cherry Hill, NJ, 08034 in Cherry Hill achieves a 1.81 ratio at $275,000: $2,243/mo rent versus $1,237/mo debt service. Rental yield 9.79%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.79% yield compounds alongside 5% annual appreciation projecting $75,977 in value. Total projected cumulative return: $123,591.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.8% | 5.8% |
| Monthly Cash Flow | $(7) | $1,850 |
City averages based on Cherry Hill market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,243 |
| Total Monthly Debt Service | $1,851 |
| DSCR Ratio | 1.21x |
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.
Condo
Built in 1987
5,358 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
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
Condo
Built in 1987
5,358 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #NJCD2111418