641 N Coles AveMaple ShadeNJ08052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Maple Shade at 641 N Coles Ave, Maple Shade, NJ, 08052 uses $120,998 cash to close to unlock $4,546/yr annual cash flow and $379/mo monthly cash flow. Total monthly income runs $2,980/mo, and a $1,786/mo payment keeps the spread at $379/mo. Purchase price stands at $365,000, and rental yield measures 9.8% with $2,980/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 124.21% and total cumulative return in cash records $150,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,980/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1954
5,998 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08052, Maple Shade, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,615 (100%) |
| Owner Occupied HU | 4,321 (44.9%) |
| Renter Occupied HU | 4,811 (50.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $297,946 |
| Average Home Value | $365,418 |
Housing Distribution
Address Breakdown
Residential
9,090
Single Family
8,318
Multi-Family
772
Businesses
505
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Listed by: Mike Scannell • Weichert Realtors-Haddonfield
Mls Name: Bright MLS
Mls ID: #NJBL2092310