902 Rural AveVoorheesNJ08043
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
Investment Highlights
Rental property for sale in Voorhees at 902 Rural Ave, Voorhees, NJ, 08043 generates $4,566/mo in rent, after a $3,426/mo payment. Total monthly income is $4,566/mo. Return on cash invested sits at 17.85% in year one, and rental yield is 7.83% on a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 93.03% and total cumulative return in cash sums $214,252. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,566/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08043, Voorhees, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,731 (100%) |
| Owner Occupied HU | 7,690 (60.4%) |
| Renter Occupied HU | 4,422 (34.7%) |
| Vacant Housing Units | 619 ( 4.9%) |
| Median Home Value | $455,916 |
| Average Home Value | $479,773 |
Housing Distribution
Address Breakdown
Residential
12,439
Single Family
10,043
Multi-Family
2,396
Businesses
1,180
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denise Greenwood • Weichert Realtors-Turnersville
Mls Name: Bright MLS
Mls ID: #NJCD2107818