840 Laurel StDelancoNJ08075
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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 Delanco at 840 Laurel St, Delanco, NJ, 08075 with 5% annual appreciation on a $399,900 basis while $3,904/mo rent supports operations. Total monthly income totals $3,904/mo and a $1,957/mo payment preserves $1,054/mo for cash returns. Annual cash flow comes to $12,647/yr on $132,567 deployed, and return on cash invested reaches 29.45% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 11.71%. Five-year ROI measures 155.22% and total cumulative return in cash totals $205,772.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,904/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,550 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08075, Riverside, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,515 (100%) |
| Owner Occupied HU | 8,314 (66.4%) |
| Renter Occupied HU | 3,688 (29.5%) |
| Vacant Housing Units | 513 ( 4.1%) |
| Median Home Value | $342,696 |
| Average Home Value | $379,444 |
Housing Distribution
Address Breakdown
Residential
12,260
Single Family
12,079
Multi-Family
181
Businesses
701
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Listed by: Allen Antuzzi • RE/MAX Preferred - Cherry Hill
Mls Name: Bright MLS
Mls ID: #NJBL2104060