720 Cedar AveMount EphraimNJ08059
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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 Mount Ephraim at 720 Cedar Ave, Mount Ephraim, NJ, 08059 offers $2,969/mo rent that, after a $1,468/mo payment, leaves $831/mo cash flow. Total monthly income is $2,969/mo, and annual cash flow is $9,972/yr on $99,450 cash. Return on cash invested measures 29.94% in year one, and rental yield stands at 11.88% at a $299,999 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 157.83% and total cumulative return in cash reaches $156,960. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,969/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1929
6,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08059, Mount Ephraim, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,530 (100%) |
| Owner Occupied HU | 1,917 (75.8%) |
| Renter Occupied HU | 508 (20.1%) |
| Vacant Housing Units | 105 ( 4.2%) |
| Median Home Value | $273,405 |
| Average Home Value | $312,990 |
Housing Distribution
Address Breakdown
Residential
2,370
Single Family
2,224
Multi-Family
146
Businesses
156
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Listed by: Michael Dinella • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJCD2098262