5 Olmsted LnCinnaminsonNJ08077
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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 Cinnaminson at 5 Olmsted Ln, Cinnaminson, NJ, 08077 offers $5,162/mo rent that, after a $3,524/mo payment, leaves $30/mo cash flow. Total monthly income is $5,162/mo, and annual cash flow is $360/yr on $236,880 cash. Return on cash invested measures 20.21% in year one, and rental yield stands at 8.6% at a $720,000 entry. Equity gained on principal adds $4,646/yr while 5% annual appreciation compounds into $198,923 by year five. Five-year ROI records 105.67% and total cumulative return in cash reaches $250,315. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,162/mo property income versus a $3,524/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08077, Riverton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,792 (100%) |
| Owner Occupied HU | 6,238 (80.1%) |
| Renter Occupied HU | 1,113 (14.3%) |
| Vacant Housing Units | 441 ( 5.7%) |
| Median Home Value | $419,481 |
| Average Home Value | $474,465 |
Housing Distribution
Address Breakdown
Residential
7,776
Single Family
7,437
Multi-Family
339
Businesses
822
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Listed by: Michael Alessi • Keller Williams Realty - Medford
Mls Name: Bright MLS
Mls ID: #NJBL2096106