1 Mechanic St UNIT 409AbseconNJ08201
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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 Absecon at 1 Mechanic St UNIT 409, Absecon, NJ, 08201 with 5% annual appreciation on a $219,900 basis while $2,586/mo rent supports operations. Total monthly income totals $2,586/mo and a $1,076/mo payment preserves $1,019/mo for cash returns. Annual cash flow comes to $12,227/yr on $72,897 deployed, and return on cash invested reaches 36.68% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 14.11%. Five-year ROI measures 194.01% and total cumulative return in cash totals $141,424.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,586/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Listed by: Michael Becker • Keller Williams Main Street
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #588944
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