622 Grant AveHaddon TownshipNJ08107
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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 Haddon Township at 622 Grant Ave, Haddon Township, NJ, 08107 priced at $449,900 pairs $3,749/mo rent with $542/mo cash flow after a $2,202/mo payment. Total monthly income equals $3,749/mo, and annual cash flow comes to $6,507/yr on $149,142 invested. Return on cash invested is 24.27% in year one, and rental yield stands at 10% on a $449,900 basis. Equity gained on principal adds $2,903/yr, and 5% annual appreciation accumulates to $124,299 by year five. Five-year ROI measures 127.49% and total cumulative return in cash reaches $190,138. For financing, Ziffy Mortgage’s DSCR program evaluates $3,749/mo property income against a $2,202/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1905
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08107, Oaklyn, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,455 (100%) |
| Owner Occupied HU | 3,138 (48.6%) |
| Renter Occupied HU | 2,854 (44.2%) |
| Vacant Housing Units | 463 ( 7.2%) |
| Median Home Value | $317,690 |
| Average Home Value | $352,373 |
Housing Distribution
Address Breakdown
Residential
6,024
Single Family
4,752
Multi-Family
1,272
Businesses
300
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Listed by: Paul Ciervo • Keller Williams - Main Street
Mls Name: Bright MLS
Mls ID: #NJCD2099770