840 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
Investment property for sale in Cherry Hill at 840 Kings Croft, Cherry Hill, NJ, 08034 listed at $330,000 pairs $2,399/mo rent with a $1,615/mo payment to leave $47/mo cash flow. Total monthly income runs $2,399/mo, and annual cash flow reaches $564/yr on $109,395 cash to close. Return on cash invested measures 20.42% in year one, and rental yield registers 8.72% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 106.83% and total cumulative return in cash totals $116,867. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,399/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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: Sandra Ragonese • Century 21 Alliance-Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJCD2102994