11 Mohave Dr UNIT 11, Absecon, NJ, 08205 | $557/mo Cash Flow

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11 Mohave Dr UNIT 11, Absecon, NJ, 08205 | $557/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Absecon at 11 Mohave Dr UNIT 11, Absecon, NJ, 08205 listed at $225,000 pairs $2,160/mo rent with a $1,101/mo payment to leave $557/mo cash flow. Total monthly income runs $2,160/mo, and annual cash flow reaches $6,678/yr on $74,588 cash to close. Return on cash invested measures 28.86% in year one, and rental yield registers 11.52% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 152.13% and total cumulative return in cash totals $113,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,160/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 1988

N/A lot

$N/A/sqft

No HOA

More details about the property

Nice home on a nice quite street location, two full size bedrooms with jack and jill bathroom upstairs , half bath downstairs , new owner must occupy home for two years before any rentals, front yard is decorated for nice , house has alot of the owner's personal belongings so be very careful while showing it. Dogs are permitted new owner must fill out application with the association, seller will need to find suitable housing but is looking at a few different homes to buy so it shouldnt hold up the closing to long

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