8 Pelican Pl #8ThorofareNJ08086
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Thorofare rentals match the income profile of 8 Pelican Pl #8, Thorofare, NJ, 08086. Listed at $288,000, gross rent is $2,976/mo and net cash flow is $673/mo, a 12.4% yield well above national averages. DSCR 2.30 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $79,569 by year five with $2,653/yr in annual principal reduction, projecting $154,800 in total cumulative return.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 12.4% | 6.2% |
| Monthly Cash Flow | $673 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $2,976 |
| Total Monthly Debt Service | $2,188 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2004
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08086, Thorofare, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 2,516 (65.6%) |
| Renter Occupied HU | 1,175 (30.6%) |
| Vacant Housing Units | 146 ( 3.8%) |
| Median Home Value | $317,546 |
| Average Home Value | $332,405 |
Housing Distribution
Address Breakdown
Residential
3,766
Single Family
3,491
Multi-Family
275
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Condo
Built in 2004
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08086, Thorofare, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,837 (100%) |
| Owner Occupied HU | 2,516 (65.6%) |
| Renter Occupied HU | 1,175 (30.6%) |
| Vacant Housing Units | 146 ( 3.8%) |
| Median Home Value | $317,546 |
| Average Home Value | $332,405 |
Housing Distribution
Address Breakdown
Residential
3,766
Single Family
3,491
Multi-Family
275
Businesses
222
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices