106 E Moss Mill Rd #T-38AbseconNJ08205
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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 106 E Moss Mill Rd #T-38, Absecon, NJ, 08205 uses $73,891 cash to close to unlock $6,854/yr annual cash flow and $571/mo monthly cash flow. Total monthly income runs $2,160/mo, and a $1,091/mo payment keeps the spread at $571/mo. Purchase price stands at $222,900, and rental yield measures 11.63% with $2,160/mo rent. Return on cash invested shows 29.19% in year one, and 5% annual appreciation builds toward $61,583 over five years. Five-year ROI reaches 153.89% and total cumulative return in cash records $113,710. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,160/mo property income covering a $1,091/mo payment rather than investor’s personal income.
Manufactured
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08205, Absecon, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,841 (100%) |
| Owner Occupied HU | 8,125 (68.6%) |
| Renter Occupied HU | 3,044 (25.7%) |
| Vacant Housing Units | 672 ( 5.7%) |
| Median Home Value | $328,255 |
| Average Home Value | $395,734 |
Housing Distribution
Address Breakdown
Residential
11,601
Single Family
11,514
Multi-Family
87
Businesses
509
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Listed by: Frank Maione • Century 21 Reilly Realtors
Mls Name: Bright MLS
Mls ID: #NJAC2020390