715 Cooper Landing RdCherry HillNJ08002
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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 Cherry Hill at 715 Cooper Landing Rd, Cherry Hill, NJ, 08002 uses $142,545 cash to close to unlock $5,504/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $3,524/mo, and a $2,105/mo payment keeps the spread at $459/mo. Purchase price stands at $430,000, and rental yield measures 9.83% with $3,524/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 124.78% and total cumulative return in cash records $177,867. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,524/mo property income covering a $2,105/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08002, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,629 (100%) |
| Owner Occupied HU | 6,343 (59.7%) |
| Renter Occupied HU | 3,593 (33.8%) |
| Vacant Housing Units | 693 ( 6.5%) |
| Median Home Value | $356,132 |
| Average Home Value | $374,159 |
Housing Distribution
Address Breakdown
Residential
10,346
Single Family
7,563
Multi-Family
2,783
Businesses
1,147
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Listed by: Peggy Strecker • Weichert Realtors-Medford
Mls Name: Bright MLS
Mls ID: #NJCD2106846