8 E Oak AveMoorestownNJ08057
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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 Moorestown at 8 E Oak Ave, Moorestown, NJ, 08057 priced at $499,900 converts $4,141/mo rent into $578/mo cash flow after a $2,447/mo obligation. Total monthly income equals $4,141/mo, and annual cash flow totals $6,931/yr on $165,717 invested. Return on cash invested prints 24.09% in year one, and rental yield reads 9.94% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 126.51% and total cumulative return in cash sums $209,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,141/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08057, Moorestown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,481 (100%) |
| Owner Occupied HU | 6,578 (77.6%) |
| Renter Occupied HU | 1,404 (16.6%) |
| Vacant Housing Units | 499 ( 5.9%) |
| Median Home Value | $672,455 |
| Average Home Value | $719,854 |
Housing Distribution
Address Breakdown
Residential
8,291
Single Family
7,746
Multi-Family
545
Businesses
1,200
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Listed by: Grant Nutter • Sure Sell Real Estate
Mls Name: Bright MLS
Mls ID: #NJBL2087382