409 Gregorys WayVoorheesNJ08043
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 Voorhees at 409 Gregorys Way, Voorhees, NJ, 08043 at $185,000 posts ROI 22.06% with $110/mo cash flow from $1,428/mo rent. Total monthly income equals $1,428/mo, and annual cash flow records $1,318/yr on $61,328 to close. Return on cash invested measures 22.06% and rental yield reads 9.26% at the current $185,000. Equity gained on principal adds $1,194/yr, and 5% annual appreciation supports $51,112 by year five. Five-year ROI prints 115.61% and total cumulative return in cash totals $70,899.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,428/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08043, Voorhees, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,731 (100%) |
| Owner Occupied HU | 7,690 (60.4%) |
| Renter Occupied HU | 4,422 (34.7%) |
| Vacant Housing Units | 619 ( 4.9%) |
| Median Home Value | $455,916 |
| Average Home Value | $479,773 |
Housing Distribution
Address Breakdown
Residential
12,439
Single Family
10,043
Multi-Family
2,396
Businesses
1,180
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Listed by: Rose Meleka • BHHS Fox & Roach-Mt Laurel
Mls Name: Bright MLS
Mls ID: #NJCD2108580