89 Eldon WayMarltonNJ08053
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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 Marlton at 89 Eldon Way, Marlton, NJ, 08053 offers $2,586/mo rent that, after a $1,297/mo payment, leaves $697/mo cash flow. Total monthly income is $2,586/mo, and annual cash flow is $8,366/yr on $87,848 cash. Return on cash invested measures 29.43% in year one, and rental yield stands at 11.71% at a $265,000 entry. Equity gained on principal adds $1,710/yr while 5% annual appreciation compounds into $73,215 by year five. Five-year ROI records 155.18% and total cumulative return in cash reaches $136,323. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,586/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08053, Marlton, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,074 (100%) |
| Owner Occupied HU | 14,180 (70.6%) |
| Renter Occupied HU | 5,181 (25.8%) |
| Vacant Housing Units | 713 ( 3.6%) |
| Median Home Value | $437,798 |
| Average Home Value | $462,679 |
Housing Distribution
Address Breakdown
Residential
19,953
Single Family
18,430
Multi-Family
1,523
Businesses
1,566
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Listed by: Jenifer Raffa • Sabal Real Estate
Mls Name: Bright MLS
Mls ID: #NJBL2096714