7 Cameo CtCherry HillNJ08003
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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 Cherry Hill at 7 Cameo Ct, Cherry Hill, NJ, 08003 priced at $1,210,000 pairs $4,134/mo rent with after a $5,922/mo payment. Total monthly income equals $4,134/mo. Return on cash invested is 6.63% in year one, and rental yield stands at 4.1% on a $1,210,000 basis. Equity gained on principal adds $7,808/yr, and 5% annual appreciation accumulates to $334,301 by year five. Five-year ROI measures 32.77% and total cumulative return in cash reaches $128,467. For financing, Ziffy Mortgage’s DSCR program evaluates $4,134/mo property income against a $5,922/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08003, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,450 (100%) |
| Owner Occupied HU | 9,911 (79.6%) |
| Renter Occupied HU | 1,954 (15.7%) |
| Vacant Housing Units | 585 ( 4.7%) |
| Median Home Value | $454,295 |
| Average Home Value | $495,065 |
Housing Distribution
Address Breakdown
Residential
11,937
Single Family
11,251
Multi-Family
686
Businesses
808
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Listed by: Anne Koons • BHHS Fox & Roach-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2093854