66 Woodstone 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 66 Woodstone Dr, Voorhees, NJ, 08043 uses $213,850 cash to close to unlock $8,248/yr annual cash flow and $687/mo monthly cash flow. Total monthly income runs $5,320/mo, and a $3,181/mo payment keeps the spread at $687/mo. Purchase price stands at $650,000, and rental yield measures 9.82% with $5,320/mo rent. Return on cash invested shows 23.92% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 125.55% and total cumulative return in cash records $268,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,320/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.36 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: Sue Bromley • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2099240