120 Pitney 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
Rental property for sale in Absecon at 120 Pitney Rd, Absecon, NJ, 08201 priced at $330,000 pairs $3,270/mo rent with $918/mo cash flow after a $1,615/mo payment. Total monthly income equals $3,270/mo, and annual cash flow comes to $11,016/yr on $109,395 invested. Return on cash invested is 29.98% in year one, and rental yield stands at 11.89% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 158.06% and total cumulative return in cash reaches $172,907. For financing, Ziffy Mortgage’s DSCR program evaluates $3,270/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.69 Acres lot
$N/A/sqft
No HOA
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Listed by: SCOTT REIGHARD • RE/MAX ATLANTIC
Mls Name: SJSRMLS
Mls Provider:
Mls ID: #601972
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