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86 High Meadows Dr
D- Composite 36.73
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +13.3/30.0
  • ARV discount +4.5/15.0
  • 1% rule +4.4/10.0
  • DSCR +4.0/10.0
  • Rent growth +3.4/5.0
  • Livability +2.5/5.0
  • Condition / age +2.5/5.0
  • Schools +2.3/10.0
  • Appreciation +0.0/10.0

$260,000

86 High Meadows Dr · Sicklerville, NJ 08081
3 bd · 1.5 ba · 1,144 sqft · Townhouse public records · 8 Days on market
Built 2002 Est $244k · 7% over $60/mo HOA · 2% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks

End unit. Wooded backdrop. Priced to make you look twice. Set in a quiet section of the community, this bright and open 3-bedroom townhome offers something buyers rarely find at this price point—privacy. As an end unit backing to the woods, you get added light, space, and a natural buffer that most homes here simply don’t have. Inside, the layout feels open and functional, with fresh paint throughout and a brand-new roof already taken care of—two major upgrades that remove the big-ticket worries for the next owner. The kitchen and flooring offer a chance to update over time, giving you the flexibility to personalize without paying a premium upfront. The garage has been con

Key facts

  • Wooded backdrop
  • Fresh paint
  • Brand new roof

Tags

WOODED BACKDROPQUIET SECTIONADDED LIGHTNATURAL BUFFERFRESH PAINTBRAND NEW ROOF

Property features AI

Finance

  • HOA & community: Monthly HOA fee of $60; HOA covers lawn maintenance and management

Exterior

  • Parking: Driveway parking (2 spaces); On-street parking; Total of 2 garage/parking spaces
  • Utilities: Public water; Public sewer; Natural gas for heating, cooling, and hot water
  • Home design: Condominium; End of Row/Townhouse structure; Asphalt roof
  • Construction: Aluminum siding; Other foundation; Estimated year built
  • Exterior features: End-of-row townhouse setting; Above-grade other structures

Interior

  • Kitchen: Cooktop; Dishwasher; Refrigerator
  • Bedrooms: Three bedrooms on the upper level
  • Flooring: Carpet
  • Bathrooms: One full bathroom; One half bathroom
  • Heating & cooling: Forced air heating (natural gas); Central air conditioning (natural gas)
  • Interior features: Open floor plan; Dining area; Walk-in closet(s); Tub with shower; Carpeted areas
  • Laundry & utility: Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.5-bath townhouse listed at $260k.

Deal economics

  • At list price, monthly cash flow is $-2 ($-24/yr) — negative.
  • To cash-flow at today's rent, offer at most $260k (0.1% below list).
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $244k (6.1% below list).
  • Recommended offer: $244k (6.1% below list) — sets the bar for 1% rule.
  • Cap rate 6.3% vs local median 4.7% in Sicklerville — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
  • Winslow Township School District (suburban): math 11% / reading 36% proficiency, ranked #387 of 472 in NJ (top 82%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Zoned schools: Winslow Township Elementary School Three (math 8% / reading 22%, grade F, #1,124 of 1,303 statewide, top 88%, 457 students, 48% FRL); Winslow Township Middle School (math 14% / reading 42%, grade F, #335 of 431 statewide, top 79%, 764 students, 46% FRL); Winslow Township High School (math 10% / reading 36%, grade F, #337 of 399 statewide, top 85%, 1,273 students, 42% FRL) — zoned schools at 45% FRL track the district average.
  • Market conditions: Rents rising (+3.4%/yr); 335 active listings in the ZIP; 13 comparable units currently listed for rent nearby; rentals at typical pace (median 17d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,018 units permitted in Camden County in 2024 (509 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
  • Camden County population projected to shrink 8% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

  • Only 8 days on market — expect competitive offers; lowballing is unlikely to land.
  • 8 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $180k; 44% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Climate carrying-cost: major wind risk, 67% chance of damaging wind over 30y; extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $244,123 (6.1% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.94%
Cap rate
6.28%
Cash-on-cash
-0.03%
DSCR
1.00
GRM
8.9

CMA / ARV

ARV (on-the-fly)
$243,672
Comps found
12
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7 Lyons Ct 0.25mi 3/1.5 1,152 (+1%) 1mo $263,000 $228 86
57 Vanderbilt Ct 0.53mi 3/1.5 1,120 (-2%) 3mo $230,000 $205 69
54 Victoria Manor Ct 0.61mi 3/1.5 1,120 (-2%) 1mo $224,000 $200 68
13 Lamont Ct 0.31mi 3/1.5 1,034 (-10%) 4mo $229,999 $222 66
175 Villa Knoll Ct 0.75mi 3/1.5 1,140 (-0%) 0mo $245,000 $215 64
195 Villa Knoll Ct 0.73mi 3/1.5 1,140 (-0%) 2mo $230,000 $202 64
21 Locust Ct 0.35mi 3/1.0 1,034 (-10%) 2mo $220,000 $213 64
18 Langdon Ct 0.36mi 3/1.0 1,034 (-10%) 3mo $225,000 $218 62
9 Lawrence Ct 0.41mi 3/1.0 1,034 (-10%) 0mo $234,900 $227 62
157 Villa Knoll Ct 0.74mi 3/1.5 1,160 (+1%) 3mo $205,000 $177 60
17 Lawrence Ct 0.39mi 3/1.0 1,034 (-10%) 7mo $210,000 $203 58
12 Villanova Ct 0.47mi 3/1.5 1,280 (+12%) 3mo $213,500 $167 56

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.41% rent growth · sell at horizon

5-year hold
IRR
-15.8%
Equity multiple
0.44×
Total profit
$-41,129
Equity at exit
$38,767
10-year hold
IRR
-6.6%
Equity multiple
0.57×
Total profit
$-31,312
Equity at exit
$22,480

Cash invested: $72,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
21 Tenant-Leaning
State New Jersey
21 Tenant-Leaning · D+6
County
— inherits STATE
City
— inherits STATE
Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

ZIP-level market 08081

Rents YoY
3.4%
Active inventory
335
Price-to-rent
8.9×

Monthly cashflow live

Estimated rent
$2,441 high interval (Pro) →
Mortgage (P&I)
$1,363
Tax from tax record
$399 /mo · $4,786/yr
Insurance
$108
HOA
$60
Vacancy / Maint / Mgmt
$513
Net cashflow
$-2

Break-even live

Break-even rent $2,444
Max offer price $259,644
Occupancy floor 95%

Sensitivity live

Price -10% $145 -5% $72 +0% $-2 +5% $-76 +10% $-149
Rent -10% $-195 -5% $-98 +0% $-2 +5% $94 +10% $191
Rate -1.0pp $129 -0.5pp $64 base $-2 +0.5pp $-69 +1.0pp $-138

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$65,000
Closing costs
$7,800
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 13 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
110 High Meadows Dr Sicklerville, NJ 3.0 1.5 1408 $2,400 $1.70 45d 1 0.09mi
16 High Meadows Dr Sicklerville, NJ 3.0 1.5 1353 $2,600 $1.92 45d 1 0.13mi
3 Lawrence Ct Sicklerville, NJ 2.0 1.0 968 $1,850 $1.91 0d 1 0.39mi
27 Villanova Ct Sicklerville, NJ 3.0 1.5 1280 $2,300 $1.80 4d 1 0.47mi
28 Melwood Ct Sicklerville, NJ 3.0 1.5 1370 $2,500 $1.82 17d 1 0.61mi
25 Memphis Ct Sicklerville, NJ 3.0 1.5 1450 $2,000 $1.38 20d 1 0.61mi
4 Milstone Ct Sicklerville, NJ 3.0 1.5 1462 $2,400 $1.64 3d 1 0.61mi
8 Vernon Ct Sicklerville, NJ 3.0 1.5 1300 $1,900 $1.46 5d 1 0.62mi
28 Magnolia Ct Sicklerville, NJ 3.0 1.5 1450 $2,000 $1.38 45d 1 0.75mi
46 Magnolia Ct Sicklerville, NJ 2.0 1.5 1370 $2,200 $1.61 4d 1 0.81mi
9 Marcia Ct Unit 9 Sicklerville, NJ 3.0 1.5 1462 $2,000 $1.37 0d 1 0.86mi
41 Hampton Gate Dr Sicklerville, NJ 2.0 1.5 1272 $2,100 $1.65 20d 1 1.06mi
55 Hampton Gate Dr Sicklerville, NJ 2.0 1.5 1272 $2,000 $1.57 45d 1 1.06mi

HOA detail

Monthly dues
$60 · $720/yr

Listing history 8 events

  1. 2026-06-10
    status $260,000 Pending 8 DOM
  2. 2026-06-09
    days on market $260,000 Active 8 DOM
  3. 2026-06-08
    days on market $260,000 Active 7 DOM
  4. 2026-06-07
    days on market $260,000 Active 6 DOM
  5. 2026-06-04
    days on market $260,000 Active 3 DOM
  6. 2026-06-03
    days on market $260,000 Active 2 DOM
  7. 2026-06-02
    remarks 681-char remark
  8. 2026-06-02
    listed $260,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NJ · Partial reset (capped growth)

Current annual tax
$4,786 · $399/mo
Projected year-2 tax
$5,630 · $469/mo
Expected delta
+$844/yr (+$70/mo · 17.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 14 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 67% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$29,295
− Mortgage interest
−$14,564
− Property taxes
−$4,786
− Insurance
−$1,300
− Repairs & maintenance
−$2,344
− Management
−$2,344
− HOA
−$720
− Depreciation
−$7,564
Taxable loss
−$4,326
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$1,038
After-tax cash flow
$1,014/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Winslow Township School District
NCES district ID
3418060
Math proficiency
11% ▼ -17.00%
Reading proficiency
36% ▼ -5.00%
Median HH income
$70,254
Composite
22.65/100
National rank
#8057
State rank
#387 of 472 in NJ

Livability — Sicklerville

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

Census place
Sicklerville, NJ
County
Camden County · 407,624 people
City population
50,264
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Population (ZIP)
50,264
Household income
$105,800
Rent vs Own
15.1% rent · 84.9% own
Severe rent burden
979.0

Population outlook (Camden County) Hauer SSP2

Today (2025)
507,964 people
By 2030
502,182 · -1.1%
By 2040
485,602 · -4.4%
By 2050
465,630 · -8.3%
By 2075
419,986 · -17.3%
By 2100
369,492 · -27.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.65)
Race & ethnicity
White 47% Black 34% Two or more races 9% Hispanic / Latino 9% Asian 4%
Hispanic origin (detail)
Puerto Rican 5%
Common ancestry
Romanian 6% Slovak 2% Iranian 1%
Foreign-born
8% · Canada, China, South Korea
Languages at home
90% English-only · Spanish 4% Other Indo-European 1% Tagalog/Filipino 1%

Political lean MEDSL · Camden

2024 margin
Strong D (+27.4) · D 63.0% · R 35.5% · Other 1.5%
2008→2024 swing
-8.8pp toward R · 2008: 36.2pp · 2024: 27.4pp
All cycles
2024: D+27.4 2020: D+33.5 2016: D+32.4 2012: D+36.6 2008: D+36.2

Not yet ingested

Civics

Market trends

HPI YoY
▼ -176.48%
Current HPI
303.1017
Rent YoY
▲ 3.41%
Metro
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
State GDP YoY
▲ 2.05%
F500 in state
34

Industry mix (Fortune 500 HQ in NJ)

Industry F500 HQs Revenue

Price history

+108.0% since first listed
18 events — show timeline
  • 2026-06-01 Listed $260,000 BRIGHT MLS
  • 2010-04-01 Listing Removed BRIGHT MLS
  • 2009-12-30 Listing Removed BRIGHT MLS
  • 2009-12-30 Listed $139,900 BRIGHT MLS
  • 2009-07-21 Listed $139,900 BRIGHT MLS
  • 2009-02-25 Listing Removed BRIGHT MLS
  • 2008-08-25 Listed $184,999 BRIGHT MLS
  • 2008-08-22 Listing Removed BRIGHT MLS
  • 2008-03-22 Listed $184,999 BRIGHT MLS
  • 2007-02-01 Sold (Public Records) $180,000 Public Records
  • 2006-12-13 Sold (MLS) $180,000 BRIGHT MLS
  • 2006-11-21 Listing Removed BRIGHT MLS
  • 2006-09-27 Listing Removed BRIGHT MLS
  • 2006-09-25 Listed $180,000 BRIGHT MLS
  • 2006-07-22 Listed $177,000 BRIGHT MLS
  • 2005-02-18 Sold (Public Records) $125,000 Public Records
  • 2004-10-01 Sold (MLS) $125,000 BRIGHT MLS
  • 2004-08-07 Listed $125,000 BRIGHT MLS

Property tax history

+2.1%/yr

Latest (2025): $4,786 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…