103 Cannon AveAbseconNJ08201
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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 103 Cannon Ave, Absecon, NJ, 08201 offers a 7.43% rental yield on a $404,900 purchase with $2,508/mo rent. 53% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,866 over five years. Portfolio math shows five-year ROI at 85.95% and total cumulative return in cash at $115,362. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,508/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
0.28 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Daniel Boddy • CENTURY 21 FRICK REALTORS
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594753
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