410 Society Hill BlvdCherry HillNJ08003
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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 410 Society Hill Blvd, Cherry Hill, NJ, 08003 generates $0/mo in rent, after a $2,104/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.9% in year one, and rental yield is 0% on a $429,777 entry. Equity gained on principal adds $2,773/yr, while 5% annual appreciation builds toward $118,739 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Condo
Built in 1980
1,980 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08003, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,450 (100%) |
| Owner Occupied HU | 9,911 (79.6%) |
| Renter Occupied HU | 1,954 (15.7%) |
| Vacant Housing Units | 585 ( 4.7%) |
| Median Home Value | $454,295 |
| Average Home Value | $495,065 |
Housing Distribution
Address Breakdown
Residential
11,937
Single Family
11,251
Multi-Family
686
Businesses
808
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Colleen Dorrego • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJCD2103202