741 Kings CroftCherry HillNJ08034
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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 741 Kings Croft, Cherry Hill, NJ, 08034 offers $3,514/mo rent that, after a $1,943/mo payment, leaves $684/mo cash flow. Total monthly income is $3,514/mo, and annual cash flow is $8,212/yr on $131,606 cash. Return on cash invested measures 26.15% in year one, and rental yield stands at 10.62% at a $397,000 entry. Equity gained on principal adds $2,562/yr while 5% annual appreciation compounds into $109,684 by year five. Five-year ROI records 137.55% and total cumulative return in cash reaches $181,018. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,514/mo property income versus a $1,943/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08034, Cherry Hill, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,806 (100%) |
| Owner Occupied HU | 5,847 (74.9%) |
| Renter Occupied HU | 1,640 (21.0%) |
| Vacant Housing Units | 319 ( 4.1%) |
| Median Home Value | $378,237 |
| Average Home Value | $404,007 |
Housing Distribution
Address Breakdown
Residential
7,668
Single Family
6,709
Multi-Family
959
Businesses
1,300
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Listed by: Anthony Farinelli • Keller Williams Realty - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2104386