413 Hickory LnMount LaurelNJ08054
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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
Investment property for sale in Mount Laurel at 413 Hickory Ln, Mount Laurel, NJ, 08054 listed at $250,000 pairs $3,307/mo rent with a $1,224/mo payment to leave $1,525/mo cash flow. Total monthly income runs $3,307/mo, and annual cash flow reaches $18,296/yr on $82,875 cash to close. Return on cash invested measures 41.99% in year one, and rental yield registers 15.87% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 222.49% and total cumulative return in cash totals $184,390. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,307/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
0.26 Acres 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
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Listed by: Bryan Vurgason • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJBL2096074