1070 E Park AveVinelandNJ08360
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1070 E Park Ave, Vineland, NJ, 08360 in Vineland speaks for itself: 13.19% gross on a $254,000 price, generating $2,792/mo in rent and $982/mo in net income after the $1,142/mo debt service. DSCR 2.44, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,783 stacks alongside $70,176 in projected five-year appreciation and $2,339/yr in principal reduction. Projected total cumulative return: $160,543.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.2% | 6.2% |
| Monthly Cash Flow | $982 | $850 |
City averages based on Vineland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,792 |
| Total Monthly Debt Service | $1,709 |
| DSCR Ratio | 1.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1920
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08360, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,435 (100%) |
| Owner Occupied HU | 9,352 (56.9%) |
| Renter Occupied HU | 6,152 (37.4%) |
| Vacant Housing Units | 931 ( 5.7%) |
| Median Home Value | $216,822 |
| Average Home Value | $241,751 |
Housing Distribution
Address Breakdown
Residential
15,947
Single Family
15,386
Multi-Family
561
Businesses
1,646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1920
6,752 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08360, Vineland, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,435 (100%) |
| Owner Occupied HU | 9,352 (56.9%) |
| Renter Occupied HU | 6,152 (37.4%) |
| Vacant Housing Units | 931 ( 5.7%) |
| Median Home Value | $216,822 |
| Average Home Value | $241,751 |
Housing Distribution
Address Breakdown
Residential
15,947
Single Family
15,386
Multi-Family
561
Businesses
1,646
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices