710 Cooper StFlorenceNJ08518
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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 Florence at 710 Cooper St, Florence, NJ, 08518 with 5% annual appreciation on a $359,000 basis while $3,023/mo rent supports operations. Total monthly income totals $3,023/mo and a $1,757/mo payment preserves $464/mo for cash returns. Annual cash flow comes to $5,571/yr on $119,009 deployed, and return on cash invested reaches 24.59% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,185 alongside rental yield of 10.1%. Five-year ROI measures 129.2% and total cumulative return in cash totals $153,763.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,023/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
5,497 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08518, Florence, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,661 (100%) |
| Owner Occupied HU | 1,760 (66.1%) |
| Renter Occupied HU | 735 (27.6%) |
| Vacant Housing Units | 166 ( 6.2%) |
| Median Home Value | $374,636 |
| Average Home Value | $418,322 |
Housing Distribution
Address Breakdown
Residential
2,362
Single Family
2,309
Multi-Family
53
Businesses
108
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Listed by: Brian Ekelburg • Keller Williams Realty - Moorestown
Mls Name: Bright MLS
Mls ID: #NJBL2103772