506 Oliphant 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 506 Oliphant Ln, Mount Laurel, NJ, 08054 uses $122,622 cash to close to unlock $7,703/yr annual cash flow and $642/mo monthly cash flow. Total monthly income runs $3,278/mo, and a $1,810/mo payment keeps the spread at $642/mo. Purchase price stands at $369,900, and rental yield measures 10.63% with $3,278/mo rent. Return on cash invested shows 26.19% in year one, and 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 137.75% and total cumulative return in cash records $168,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,278/mo property income covering a $1,810/mo payment rather than investor’s personal income.
Townhouse
Built in 1993
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: Jenna Barikian • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #NJBL2103656