64 Chippenham DrVoorheesNJ08043
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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 Voorhees at 64 Chippenham Dr, Voorhees, NJ, 08043 with 5% annual appreciation on a $475,000 basis while $2,898/mo rent supports operations. 19% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 7.32%. Five-year ROI measures 84.15% and total cumulative return in cash totals $132,511. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,898/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08043, Voorhees, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,731 (100%) |
| Owner Occupied HU | 7,690 (60.4%) |
| Renter Occupied HU | 4,422 (34.7%) |
| Vacant Housing Units | 619 ( 4.9%) |
| Median Home Value | $455,916 |
| Average Home Value | $479,773 |
Housing Distribution
Address Breakdown
Residential
12,439
Single Family
10,043
Multi-Family
2,396
Businesses
1,180
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Listed by: Jerome Kersey • RE/MAX Preferred - Sewell
Mls Name: Bright MLS
Mls ID: #NJCD2104698