406 Yorkshire RdCherry HillNJ08034
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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 Cherry Hill at 406 Yorkshire Rd, Cherry Hill, NJ, 08034 priced at $425,000 pairs $3,961/mo rent with $932/mo cash flow after a $2,080/mo payment. Total monthly income equals $3,961/mo, and annual cash flow comes to $11,182/yr on $140,888 invested. Return on cash invested is 27.85% in year one, and rental yield stands at 11.18% on a $425,000 basis. Equity gained on principal adds $2,742/yr, and 5% annual appreciation accumulates to $117,420 by year five. Five-year ROI measures 146.63% and total cumulative return in cash reaches $206,585. For financing, Ziffy Mortgage’s DSCR program evaluates $3,961/mo property income against a $2,080/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
10,350 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
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Listed by: Nancy Nogueira • RE/MAX ACHIEVERS
Mls Name: All Jersey MLS
Mls Provider:
Mls ID: #2504312R
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