114 Mount Vernon AveVinelandNJ08360
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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
Rental property for sale in Vineland at 114 Mount Vernon Ave, Vineland, NJ, 08360 priced at $349,000 converts $2,749/mo rent into $262/mo cash flow after a $1,708/mo obligation. Total monthly income equals $2,749/mo, and annual cash flow totals $3,139/yr on $115,694 invested. Return on cash invested prints 22.62% in year one, and rental yield reads 9.45% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 118.64% and total cumulative return in cash sums $137,256. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,749/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1937
0.31 Acres 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
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Listed by: Iris Rivera • Better Homes and Gardens Real Estate Maturo
Mls Name: Bright MLS
Mls ID: #NJCB2028218