38-A E Daisy Ln · Ramblewood, NJ 08054

$199,000

2 bd · 1.0 ba · 1,004 sqft · Condo · 5 Days on market

Built 1974 Fair condition $467/mo HOA · 21% of rent

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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 +11.6/30.0
• ARV discount +7.5/15.0
• 1% rule +6.3/10.0
• Schools +4.2/10.0
• Livability +3.7/5.0
• DSCR +3.4/10.0
• Rent growth +2.9/5.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks

Twin Ponds at Birchfield premieres this lovely 2 Bed 1 Bath 1st Floor End Unit, ready and waiting for you! Just pack your bags and move right in. The light & bright Living Rm welcomes you in offering plush carpet that extends throughout and sliders leading to your own private patio. Formal Dining Rm is perfect for hosting dinner guests. The galley type Kitchen offers a plethora of cabinetry for storing all of your kitchen needs. Down the hall, a full bath with tub shower + 2 generous Bedrooms with ample closet space for you personals. In unit laundry is so convenient. Relax outdoors on the wrap around patio, fenced in for your privacy. Tons of on site open parking for you and guests.

Key facts

• Outdoor pool
• On site open parking
• Tennis courts

Tags

• PRIVATE PATIO
• WRAP AROUND PATIO
• IN UNIT LAUNDRY
• ON SITE OPEN PARKING
• OUTDOOR POOL
• TENNIS COURTS

Property features AI

Finance

• HOA & community: Monthly HOA/condo fee; HOA fee includes common area maintenance, exterior building maintenance, snow removal, and trash; Community amenities include clubhouse, fitness center, pool (outdoor), tennis courts, basketball courts, baseball field, lake, and playgrounds

Exterior

• Parking: Parking lot; Off-street parking
• Utilities: Public water; Public sewer; Electric service available; Sewer available; Water available
• Home design: Condominium unit; Garden-style building (1–4 floors); Unit/flat structure; Entry level: 1
• Construction: Vinyl siding; Asphalt shingle roof; Above-grade and below-grade structures; Built year per assessor
• Exterior features: Patio(s) with wrap-around outdoor living space; Wood fencing; Community in-ground pool

Interior

• Kitchen: Dishwasher; Disposal; Electric oven/range; Refrigerator; Exhaust fan
• Bedrooms: 2 bedrooms on main level
• Flooring: Carpet; Ceramic tile; Laminate
• Bathrooms: 1 full bathroom on main level; 1 full bathroom total
• Heating & cooling: Forced air heating; Electric heating fuel; Central air conditioning; Ceiling fans; Electric hot water
• Interior features: Tub/shower; Ceiling fans; Formal separate dining room; Galley kitchen; Sliding glass door; Not furnished
• Laundry & utility: Washer in unit; Dryer in unit; Washer/dryer hookup in unit

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath condo listed at $199k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $-60 ($-721/yr) — negative.
• To cash-flow at today's rent, offer at most $190k (4.4% below list).
• Meets the 1% rule at list price ($2k rent vs $199k).
• Recommended offer: $190k (4.4% below list) — sets the bar for cash-flow.
• Cap rate 5.9% vs local median 3.8% in Ramblewood — 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 73/100 on livability (#198 in NJ) — a middle-class / working-renter tenant base. Strengths: employment A+, housing A+, crime A-; Watch: amenities F, cost of living F, health & safety D-.
• Mount Laurel Township School District (suburban): math 37% / reading 54% proficiency, ranked #161 of 472 in NJ (top 34%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 11% free/reduced lunch — higher-income household profile.
• Zoned schools: Parkway Elementary School (math 37% / reading 57%, grade D-, #308 of 1,303 statewide, top 26%, 361 students, 8% FRL); T. E. Harrington Middle School (math 38% / reading 57%, grade C-, #123 of 431 statewide, top 30%, 930 students, 14% FRL); Lenape High School (math 29% / reading 59%, grade F, #161 of 399 statewide, top 40%, 1,892 students, 15% FRL) — zoned schools at 12% FRL track the district average.
• Market conditions: Rents rising (+1.5%/yr); 255 active listings in the ZIP; 9 comparable units currently listed for rent nearby; rentals leasing fast (median 0d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 2,161 units permitted in Burlington County in 2024 (988 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
• Burlington County population projected to shrink 5% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: HOA is 21% of rent.
• Climate carrying-cost: major wind risk, 53% 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 $190,302 (4.4% 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. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. 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?
9. 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.
10. 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.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 5.93%
• Cash-on-cash: -1.29%
• DSCR: 0.94
• GRM: 7.4

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.49% rent growth · sell at horizon

5-year hold

• IRR: -20.5%
• Equity multiple: 0.30×
• Total profit: $-39,131
• Equity at exit: $29,672

10-year hold

• IRR: -18.6%
• Equity multiple: 0.08×
• Total profit: $-51,141
• Equity at exit: $17,206

Cash invested: $55,720 (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.

Methodology + full state rankings →

ZIP-level market 08054

• Rents YoY: 1.5%
• Active inventory: 255
• Price-to-rent: 7.4×

Monthly cashflow live

• Estimated rent: $2,256 high
• Mortgage (P&I): −$1,044
• Tax est. 1.5%: −$249 /mo · $2,985/yr
• Insurance: −$83
• HOA: −$467
• Vacancy / Maint / Mgmt: −$474
• Net cashflow: $-60

Break-even live

Break-even rent $2,332

Max offer price $190,302

Occupancy floor 98%

Sensitivity live

Price	-10% $77	-5% $9	+0% $-60	+5% $-129	+10% $-198
Rent	-10% $-238	-5% $-149	+0% $-60	+5% $29	+10% $118
Rate	-1.0pp $40	-0.5pp $-9	base $-60	+0.5pp $-112	+1.0pp $-164

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Rent comps 9 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
16 E Bluebell Ln Mount Laurel, NJ	3.0	1.0	1400	$2,550	$1.82	0d	1	0.12mi
27 W Azalea Ln Mount Laurel, NJ	1.0	1.5	970	$1,800	$1.86	3d	1	0.28mi
39 Sumac Ct Mt Laurel Township, NJ	2.0	1.0	1171	$2,300	$1.96	12d	1	0.28mi
55 Sumac Ct Mt Laurel Township, NJ	2.0	1.5	1171	$2,100	$1.79	17d	1	0.30mi
6 Moneta Ct Mount Laurel, NJ	2.0	2.0	1459	$3,000	$2.06	0d	1	0.96mi
1190 S Church St Mt Laurel Township, NJ	1.0–4.0	1.0–3.0	1101	$2,263	$2.05	0d	32	1.12mi
306A Kelly Cv Mt Laurel Township, NJ	1.0	1.0	884	$1,875	$2.12	0d	1	1.23mi
402B Cypress Point Cir Mt Laurel Township, NJ	1.0	1.0	884	$2,000	$2.26	0d	1	1.29mi
306B Mulberry Cv Mt Laurel Township, NJ	2.0	2.0	1110	$2,100	$1.89	0d	1	1.36mi

HOA detail condo

• Monthly dues: $467 · $5,604/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 4 events

1. 2026-06-21
   days on market $199,000 Active 5 DOM
2. 2026-06-18
   days on market $199,000 Active 2 DOM
3. 2026-06-17
   remarks 695-char remark
4. 2026-06-17
   listed $199,000 Active 1 DOM

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

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥105°F today · 14 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 53% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $27,070
• − Mortgage interest: −$11,147
• − Property taxes: −$2,985
• − Insurance: −$995
• − Repairs & maintenance: −$2,166
• − Management: −$2,166
• − HOA: −$5,604
• − Depreciation: −$5,789
• Taxable loss: −$3,781
• Est. tax savings @ 24.0%: +$907
• After-tax cash flow: $186/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.

Condition & rehab AI · 12 photos

Fair 45/100 Cosmetic rehab

This townhouse is in fair condition with some cosmetic updates needed to improve its appearance and functionality. The dated pink paint and worn carpet in the living room and bedrooms are the most noticeable issues. Updating these areas will significantly increase its resale and rental value.

Repairs flagged

• Major Paint — The interior walls are painted in a dated pink color.
• Major Flooring — The carpet in the living room and bedrooms appears to be worn and outdated.
• Minor Kitchen Countertops — The countertops appear to be dated and could be replaced for a fresh look.
• Minor Appliances — The appliances appear to be dated and could be replaced for a fresh look.

Value-add opportunities

• Both Paint the interior walls — Updating the interior walls with a fresh color will improve the overall appearance and appeal of the home.
• Both Replace the carpet with new flooring — Replacing the worn carpet with new flooring will improve the overall appearance and comfort of the living spaces.
• Both Replace the countertops and appliances in the kitchen — Updating the countertops and appliances in the kitchen will improve the functionality and appearance of the space.
• Both Replace the dated pink paint with a fresh color — Updating the interior walls with a fresh color will improve the overall appearance and appeal of the home.
• Both Replace the dated pink paint with a fresh color — Updating the interior walls with a fresh color will improve the overall appearance and appeal of the home.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Paint · The interior walls are painted in a dated pink color.	Major	$15,000–50,000
Flooring · The carpet in the living room and bedrooms appears to be worn and outdated.	Major	$15,000–50,000
Kitchen Countertops · The countertops appear to be dated and could be replaced for a fresh look.	Minor	$500–3,000
Appliances · The appliances appear to be dated and could be replaced for a fresh look.	Minor	$500–3,000
Total estimated repair cost · 4 items		$31,000–106,000

Value-add ROI direction

• Both Paint the interior walls — Updating the interior walls with a fresh color will improve the overall appearance and appeal of the home. ↑
• Both Replace the carpet with new flooring — Replacing the worn carpet with new flooring will improve the overall appearance and comfort of the living spaces. ↑
• Both Replace the countertops and appliances in the kitchen — Updating the countertops and appliances in the kitchen will improve the functionality and appearance of the space. ↑
• Both Replace the dated pink paint with a fresh color — Updating the interior walls with a fresh color will improve the overall appearance and appeal of the home. ↑
• Both Replace the dated pink paint with a fresh color — Updating the interior walls with a fresh color will improve the overall appearance and appeal of the home. ↑

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

• District: Mount Laurel Township School District
• NCES district ID: 3410950
• Math proficiency: 37% ▼ -18.00%
• Reading proficiency: 54% ▼ -6.00%
• Median HH income: $85,735
• Composite: 42.4/100
• National rank: #3235
• State rank: #161 of 472 in NJ

Livability — Ramblewood

• Score: 73/100
• State rank: #198
• US rank: #5593

Category grades

Amenities F Commute B- Cost of living F Crime A- Employment A+ Housing A+ Health & safety D- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Burlington County · 323,710 people
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 46,026
• Household income: $118,802
• Rent vs Own: 23.0% rent · 77.0% own
• Severe rent burden: 1055.0

Population outlook (Burlington County) Hauer SSP2

• Today (2025): 453,425 people
• By 2030: 452,359 · -0.2%
• By 2040: 445,033 · -1.9%
• By 2050: 431,760 · -4.8%
• By 2075: 406,277 · -10.4%
• By 2100: 364,732 · -19.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (65%)
• Race & ethnicity: White 65% Black 13% Asian 9% Hispanic / Latino 6% Two or more races 6%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 6% Scotch-Irish 2% Subsaharan African 1%
• Foreign-born: 14% · Canada, South Korea, China
• Languages at home: 87% English-only · Other Indo-European 4% Spanish 2% Other Asian/Pacific 1%

Political lean MEDSL · Burlington

• 2024 margin: D (+16.6) · D 57.6% · R 41.0% · Other 1.3%
• 2008→2024 swing: -2.0pp toward R · 2008: 18.6pp · 2024: 16.6pp
• All cycles: 2024: D+16.6 2020: D+19.5 2016: D+14.8 2012: D+18.7 2008: D+18.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -360.83%
• Current HPI: 294.2044
• Rent YoY: ▲ 1.49%
• 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
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

1 event — show timeline

• 2026-06-16 Listed $199,000 BRIGHT MLS