507 Magnolia CtMarltonNJ08053
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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 Marlton at 507 Magnolia Ct, Marlton, NJ, 08053 priced at $365,000 converts $3,430/mo rent into $829/mo cash flow after a $1,786/mo obligation. Total monthly income equals $3,430/mo, and annual cash flow totals $9,946/yr on $120,998 invested. Return on cash invested prints 28.13% in year one, and rental yield reads 11.28% against a $365,000 entry. Equity gained on principal adds $2,355/yr, while 5% annual appreciation compiles into $100,843 by year five. Five-year ROI reaches 148.14% and total cumulative return in cash sums $179,251. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,430/mo property income covering a $1,786/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
1,760 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08053, Marlton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,074 (100%) |
| Owner Occupied HU | 14,180 (70.6%) |
| Renter Occupied HU | 5,181 (25.8%) |
| Vacant Housing Units | 713 ( 3.6%) |
| Median Home Value | $437,798 |
| Average Home Value | $462,679 |
Housing Distribution
Address Breakdown
Residential
19,953
Single Family
18,430
Multi-Family
1,523
Businesses
1,566
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Listed by: Michael Chuppe • Weichert Realtors-Haddonfield
Mls Name: Bright MLS
Mls ID: #NJBL2096288