4503 Albridge Way, Mount Laurel, NJ, 08054 | 8.08% Rental Yield

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4503 Albridge Way, Mount Laurel, NJ, 08054 | 8.08% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mount Laurel at 4503 Albridge Way, Mount Laurel, NJ, 08054 generates $1,851/mo in rent, after a $1,346/mo payment. Total monthly income is $1,851/mo. Return on cash invested sits at 18.49% in year one, and rental yield is 8.08% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 96.5% and total cumulative return in cash sums $87,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,851/mo property income rather than buyer’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this move-in ready first-floor 2-bedroom, 2-bathroom condo in the highly desirable community of The Lakes in Mount Laurel. Featuring a bright, sunny interior with a neutral color palette, this home offers a warm and inviting atmosphere from the moment you step inside. The well-designed layout includes a spacious open-concept living and dining area, perfect for entertaining or relaxing. The kitchen overlooks the dining room and features white Shaker-style cabinetry, ample storage space, and a large window that brings in natural light and enhances the open feel. A dedicated laundry/utility room includes built-in cabinetry and a gas dryer hook-up for your convenience. Retreat to the primary suite, complete with a private ensuite bath featuring a tub/shower combo and a generously sized closet. The second bedroom is ideal for guests or a home office and has access to a full hall bath, also with a tub/shower. Enjoy all the benefits of this prime location close to major highways, shopping, dining, and more. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance lifestyle, this great condo checks all the boxes. Don't miss your chance to grab this one before it gets away schedule your tour today!

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