116 Coolidge AveAbseconNJ08201
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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 Absecon at 116 Coolidge Ave, Absecon, NJ, 08201 offers $2,014/mo rent that, after a $1,601/mo payment. Total monthly income is $2,014/mo. Return on cash invested measures 16.4% in year one, and rental yield stands at 7.39% at a $327,000 entry. Equity gained on principal adds $2,110/yr while 5% annual appreciation compounds into $90,344 by year five. Five-year ROI records 85.23% and total cumulative return in cash reaches $92,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,014/mo property income versus a $1,601/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
7,500 sqft lot
$N/A/sqft
No HOA
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Listed by: Dale (Dj) Messina • COLLINI REAL ESTATE, LLC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #595593
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