4503 Albridge WayMount 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
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
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: Bill Hamberg • RE/MAX at the Sea
Mls Name: Bright MLS
Mls ID: #NJBL2093104