705 Malus CtMullica HillNJ08062
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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 Mullica Hill at 705 Malus Ct, Mullica Hill, NJ, 08062 listed at $649,900 pairs $4,789/mo rent with a $3,181/mo payment to leave $157/mo cash flow. Total monthly income runs $4,789/mo, and annual cash flow reaches $1,879/yr on $213,817 cash to close. Return on cash invested measures 20.94% in year one, and rental yield registers 8.84% at a $649,900 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,555 by year five. Five-year ROI tracks 109.58% and total cumulative return in cash totals $234,294. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,789/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08062, Mullica Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,084 (100%) |
| Owner Occupied HU | 5,204 (85.5%) |
| Renter Occupied HU | 648 (10.7%) |
| Vacant Housing Units | 232 ( 3.8%) |
| Median Home Value | $555,112 |
| Average Home Value | $561,427 |
Housing Distribution
Address Breakdown
Residential
6,008
Single Family
5,944
Multi-Family
64
Businesses
390
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Listed by: Vince Travalino • Keller Williams Realty - Washington Township
Mls Name: Bright MLS
Mls ID: #NJGL2067614