404 Aster PlMount LaurelNJ08054
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
Investment Highlights
Investment property for sale in Mount Laurel at 404 Aster Pl, Mount Laurel, NJ, 08054 offers a 8.86% rental yield on a $400,000 purchase with $2,953/mo rent. Total monthly income registers $2,953/mo, and a $1,958/mo payment leaves $102/mo available for distribution. Annual cash flow reaches $1,220/yr on $132,600 to close, and return on cash invested stands at 20.83% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Portfolio math shows five-year ROI at 109.01% and total cumulative return in cash at $144,544. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,953/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
4,996 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Bonsignore • Prime Realty Partners
Mls Name: Bright MLS
Mls ID: #NJBL2102838