123 12th StAbseconNJ08201
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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 123 12th St, Absecon, NJ, 08201 listed at $275,000 pairs $1,914/mo rent with a $1,346/mo payment. Total monthly income runs $1,914/mo. Return on cash invested measures 19.3% in year one, and rental yield registers 8.35% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 100.8% and total cumulative return in cash totals $91,895. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,914/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
10,000 sqft lot
$N/A/sqft
No HOA
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Listed by: Thomas Dati • Keller Williams Realty - Ocean City
Mls Name: Bright MLS
Mls ID: #NJAC2022740