1138 N New RdAbseconNJ08201
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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 1138 N New Rd, Absecon, NJ, 08201 with 5% annual appreciation on a $427,000 basis while $2,833/mo rent supports operations. 12% in year one. Equity gained on principal adds $2,755/yr, and five-year appreciation sums $117,972 alongside rental yield of 7.96%. Five-year ROI measures 94.51% and total cumulative return in cash totals $133,785. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,833/mo property income versus a $2,090/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Rebecca Oyola • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #594261
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